GOODS IN TRANSIT INSURANCE

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What is Goods In Transit Insurance?

Goods In Transit Insurance covers risks of products being damaged, stolen, or lost as a result of an insured occurrence. It often covers the time between loading and unloading and shields those who are responsible for it from monetary loss.

What Does Goods In Transit Insurance Include?

Accidental Damage Insurance

  • Protect against damage caused by accidents, such as vehicle collisions or mishandling during loading and unloading.

Third Party Insurance

  • Cover any damage caused to third-party property or persons due to the goods in transit, such as if the cargo falls off the truck and causes an accident.

Other Options

Public Liability Insurance

  • Cover Third Party’s personal injury and property damage resulting from Your business activities.
  • Cover legal defense costs, compensation payouts, medical expenses for injured parties, and repair or replacement costs for damaged property.

Carriers Insurance

  • Cover the cargoes you carry in transit from loss or damage.
  • Protect your finance against cargo loss or damage, legal liability and ensure business continuity.

Personal Accident & Sickness Insurance

  • Cover medical expenses, lost income and benefits for disability or death resulting from accident or illnesses.
  • Provide financial support for medical costs, lost income and disability benefits.

Downtime Insurance

  • Cover lost income and operational expenses during periods when vehicles are of service due to accidents, breakdowns or other covered events.
  • Ensure financial stability by compensating for lost income during vehicle repairs or downtime.

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Why It Is Important

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Financial Security

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Peace of Mind

Long-Term Success

Legal Compliance

Truck Insurance HQ 2023 Top Advisr

ADAM PILE
Advisr Insurance Broker Aware Winner | Top Specialist Broker or AR

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