Goods in Transit Insurance

GOODS IN TRANSIT INSURANCE

Goods in Transit Insurance provides protection against financial loss or damage to goods while they are being transported from one location to another. This coverage is essential for businesses and individuals involved in shipping or receiving goods, ensuring financial protection against risks associated with the transportation process.

Goods in Transit Insurance ensures that you are protected against the financial impact of unforeseen events during transportation, providing peace of mind and financial security.

Information Required

To obtain Goods in Transit Insurance, you will need to provide:

  • Details of Goods: Description, value, and nature of the goods being transported.
  • Transport Method: Information about the mode of transport (road, rail, sea, or air).
  • Transit Route and Duration: Details on the route taken and the estimated duration of transit.
  • Insurance Limits: The coverage amount needed based on the value of the goods.

Key Benefits

  • Coverage for Loss and Damage: Protects against loss or damage to goods during transportation, whether by land, sea, or air.
  • Comprehensive Protection: Includes coverage for a variety of perils such as theft, fire, accidents, and natural disasters.
  • Financial Reimbursement: Provides compensation for the value of the goods lost or damaged, based on the agreed coverage limit.

Types of Coverage

  • Standard Transit Coverage: Includes basic protection against common risks like theft and accidental damage.
  • All Risks Coverage: Offers broader protection, covering virtually all risks except those specifically excluded, such as inherent defects or improper packing.
  • Named Perils Coverage: Covers only the specific risks listed in the policy, such as fire, collision, or theft.

Coverage Details

  • Scope of Protection: Applies to goods during transportation by various means, including road, rail, air, and sea.
  • Policy Limits: The coverage amount is specified in the policy and should align with the value of the goods being transported.
  • Exclusions: Common exclusions may include damage due to inherent defects, wear and tear, or improper packaging.

Requirements for Coverage

To obtain coverage, please provide the following:

  • Premium Payment
  • Fully Completed Proposal Form
  • Copy of Identification (ID)
  • Copy of Taxpayer Identification Number (TIN) Certificate/Valid NIDA ID

In the Event of a Claim

For assistance with your claim, please contact us at:

  • Phone: +255 718 422 229
  • Email: claims@bluetickinsurance.com

Minimum Claim Requirements

To process your claim, please provide the following documents:

  • TIN Number/Certificate/Valid NIDA ID
  • Completed Claim Form
  • Any Additional Documents Requested

Ensure that you have all required documents to facilitate a prompt and efficient claims process.