Marine Transit Insurance
Protect goods and commercial interests while they move by road, rail, air or sea.
Protect what keeps your business moving
Goods can be lost, stolen or damaged at any point in their journey. Marine transit insurance helps protect the financial value of eligible cargo and other commercial interests while goods are being transported domestically or internationally.
Who should consider it?
Cover may suit importers, exporters, manufacturers, wholesalers, retailers, logistics operators and businesses that regularly send, receive or store goods in transit. Policies can be arranged for a single shipment or on an annual basis.
What can it cover?
Depending on the insurer, policy and options selected, cover may include:
Loss of or damage to insured goods during road, rail, air or sea transit.
Import and export shipments, including selected loading, unloading and temporary-storage stages.
Single-transit cover for a specific shipment.
Annual transit cover for businesses moving goods regularly.
Selected carriers’ or freight-forwarders’ liability exposures.
Consequential loss or related extensions where specifically offered and selected.
Important considerations
Packaging, the nature of the goods, route, storage and contractual responsibility can all affect cover. Policies may exclude delay, ordinary leakage or wear, inadequate packaging and known or inherent defects.