
Goods In Transit Insurance
This policy insures goods which are in transit, usually by road or rail within a specific country.
One can opt for an Open Cover, where an indication is made of the total number of transits anticipated during the year. This estimation will be subject to actual transits that will be declared. Another option is the Specific Cover which covers particular consignments which have been declared before the actual transit.
The policy compensates for loss of or damage to goods arising due to:
- Fire
- Lightning
- Breakage of bridges
- Collision
- Accidental overturning
- Derailment
- All Risks Cover
- Water/Rain damage
- Theft
The policy also covers goods while housed temporarily in the course of transit. The policy can also be issued on an all risk basis on exceptional circumstances.
Professionals & Enterprises
- Assets Protection and Loss of income
- Fire & Allied Perils
- Business Interruption & Consequential Loss (Fire)
- Burglary Insurance
- Machinery Breakdown
- Electronic Equipment Insurance
- Business Interruption Extension (Machinery Breakdown)
- Money/Cash in Transit Insurance
- Goods In Transit Insurance
- Marine Cargo Insurance
- Fidelity Guarantee Insurance
- All Risks Insurance
- Plate Glass Insurance
- Projects & Transport
- Employee Benefits & Litigation Protection
- Special Risks