Commercial - Effects - Goods In Transit

Goods In Transit

The policy covers loss, damage or destruction of goods and/or Merchandise due to accident, fire or theft whilst being loaded/unloaded and in the ordinary course of transit by road, rail or by post for registered packages. The premium charged is based on among other factors:

 

(i) Limit of loss any one Consignment
(ii) Estimated Annual Carryings
(iii) Nature and value of goods carried
(iv) Nature of package