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Goods in Transit insurance

We understand that certain shipments require more than just the standard shipping from A to B, which is why we offer Cargo Insurance  which provides protection against physical loss or damage of your goods during transportation and this cover is available for individuals or companies transporting goods.

What is Goods in Transit insurance?

Goods in Transit Insurance  provides cover against loss or damage to property arising from accidents or misfortunes while being loaded, unloaded, during conveyance and when temporarily housed in the course of transit. Who is this for? Anybody who owns goods to be transported from one place to another.

What are the Perils covered?

The cover provided includes reimbursement for loss resulting from:

  • A goods in transit insurance policy will protect you from:
  • Theft while in transit
  • Damage caused by accidents during transit
  • Loss during transit
  • Damage caused during transit
  • Fire
  • Lightning.
  • Breakage of Bridges.
  • Collision with or by the Carrying Vehicle.
  • Over-turning of the Vehicle.
  • Derailment or accidents of like nature to the wagon.

Who Should Buy A Goods In Transit Insurance Policy?

This type of insurance is important for any business that transports goods as part of its operations.

What is not covered

  • War and related perils and terrorism
  • Theft from unattended vehicle/vessel
  • Willful neglect
  • Consequential loss damage
  • Fines and damages
  • Theft by own employees
  • Wear and tear or depreciation
  • Atmospheric or climatic conditions unless the property is conveyed in a closed vehicle