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Goods in Transit PDF Print E-mail

Goods in transit insurance covers property against loss or damage while it is in transit from one place to another or being stored during a journey. You can take this insurance out for goods being distributed in your own vehicle or by a third-party carrier, both domestically and abroad. Policies often specify the means of transport to be used, which may include the postal service.

A goods-in-transit policy will protect you from:

  • Theft (while in transit)
  • Loss (while in transit)
  • Damage caused by accidents during transit
  • Damage caused during transit
  • The consequences of any untoward delay (in some cases)

Scope of Cover:
Covers loss of or damage to Goods by any accident or misfortune while in transit in any conveyance including loading and unloading of such goods for the purposes of such transit.

 
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