Goods In Transit Insurance
Goods in Transit covers the loss of or damage to goods and stock that your business buys, sells or uses whilst they are in transit .
Depending on the insurer, the insured can choose from the following goods in transit options:
Limited Cover
Some of the main insured events that are covered under limited cover option include:
- Fire
- Explosion
- Overturning, jack knifing or collision of the conveying vehicle
- Lightning
- Flood
Accidental Damage
Accidental Damage predominately covers all the above insured events along with Accidental Damage whilst in transit including loading and unloading.
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