Did you know you can insure your goods while in transit?

insure goods in transit

A Cargo or Marine policy is a product designed to insure goods whilst in transit worldwide or in the UK for storage should they be lost or damaged .

The cover against loss or damage can be whilst travelling by road, rail sea or air. As well as worldwide travel, policies also includes transport within the UK. The cover provided is on an all risks basis. Policies can be purchased as an annual or single trip policy.

Goods that are suited for this type of policy are typically raw materials, components and finished products.

Most standard policies provide:-

  • General Average and Salvage Charges
  • Exhibition Risks
  • Airfreight Replacement
  • Tools or Samples
  • Concealed Damage
  • War Risks
  • Buyers and/or Sellers Contingent Interest

The product is ideal for:-

  • Exporters
  • Wholesalers
  • Importers
  • Retailers
  • Manufacturers
  • Contractors
  • Suppliers

If you would like any further information or a quotation, please do not hesitate to get in touch.

Sarah



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