INLAND TRANSIT (GOODS IN TRANSIT) INSURANCE

INLAND TRANSIT (GOODS IN TRANSIT) INSURANCE

Inland transit insurance is similar to marine cargo insurance, only difference is that it covers against loss or damage to the insured goods whilst in transit by road and/or rail.

This policy covers damage or losses arises due to sea and waterborne perils, risks during loading, discharging, docking or cargo shifting, importers or exporters of goods, materials and produce and mortgage Interest cover. The policy can also be extended to cover liability on accidental material damage or bodily injury to third parties.

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