For Corporate
Inland Transit Cargo Insurance
Inland transit cargo insurance is a type of insurance that provides coverage for goods and merchandise while they are being transported within a country or region. It is designed to protect the cargo owner, shipper, or other parties with a financial interest in the goods in case of loss or damage during transit.
Who should insure?
- Cargo Owners
- Commercial Businessmen
- Distributors
- Buyers & Sellers engaged in local trade or agents
Insured Period
One Voyage or Per Trip
Sum Insured & Premium
Actual Value of Goods
Premium Rating For General Cargo
- River & Inland Transit - 0.14 %
- Coastal for Summer-time - 0.28 %
- Coastal for Rainy Time - 0.56 %
PREMIUM RATING FOR PETROLEUM, PETRO GAS & CARGO
- River & Inland Transit - 28 %
- Coastal for Summer-time - 0.42 %
- Coastal for Rainy Time - 0.84 %
Basic Coverage
This policy provides coverage for Total Loss of Goods only and the insured can obtain compensation up to the amount of sum insured for total loss of goods during transportation.
- Fire or Explosion
- Overturning or Derailment of Land Conveyance
- Collision or Contact of Vessels, Crafts or Conveyance With Any External Object Other Than Water
