Insuring for Goods in Transit

Generally, Property Insurance will not provide cover when goods are away from your place of business. When raw materials or finished goods are on the road you need to make sure they are insured.

Good in Transit insurance can provide cover on the road, water, rail and in the air. Cover can be Australia wide or global.

Cover can include accidental damage, theft, fire, loading and unloading. Additional cover is also available for spoilage of frozen or chilled goods and for high valued items such as fine art.

Tempo Tips

• Transit policies can be one-off or annual if required
• Removal of debris and clean up costs can be high and these costs can be insured