Type: Corporate Insurance | Category: Marine Insurance
Learn more about the Specific Transit Policy policy.
Also known as a Single Transit Policy, this covers one-time movement of goods from a specific origin to a specific destination — within India or internationally.
A Specific Transit Policy protects goods in a single shipment from damage, theft, or loss during transport. It's best for businesses with occasional shipping needs.
The policy covers accidental loss or damage to goods during the insured transit due to events like collision, overturning, fire, or natural calamities. If opted with wider clauses (A), it includes theft, pilferage, and handling risks as well. The cover begins from the time goods leave the warehouse until delivery at the destination, unless stated otherwise.
Traders or manufacturers with ad-hoc shipments, One-time exporters/importers, Businesses relocating machinery or stock between plants
Request a free consultation for the Specific Transit Policy policy.
