Goods in Transit Insurance

Goods in transit insurance is an annual cover where premium is based on the value of goods in transit, at the insured’s risk, during the policy period. It is the simplest and most convenient way to cover the insured’s inland transit risks.

Either all risks of loss or damage or defined events for goods or death by natural and accidental causes or accidental causes only for livestock can be covered.

How to apply

Insurance Broker

Get a quote or apply through an insurance broker

Phone NIBA:Find a Broker - Phone NIBA phone number 1300 53 10 73 Find a broker

An insurance broker can help to
determine the most appropriate
insurance for your business needs.

Features

  • Wide transit cover - from when goods are first moved for transit until last moved at destination.
  • Debris removal up to $50,000
  • Delayed unpacking - discovery of transit damage up to 90 days after delivery
  • No disposal or sale of branded goods without Insured's consent
  • Cover for goods in transit to and from packers' premises and for up to one month while goods are held there
  • Companies acquired under the policy.

Benefits

  • Choice of cover between all risks of loss or damage to goods (or death of livestock) and major nominated perils.
  • Most convenient method to cover inland transits or exports to FOB point.

Documents

pdf
Goods in Transit Insurance Policy

Type: pdf (760Kb)

Effective date: 31 August 2013

pdf
Inland Open Cover Policy

Type: pdf (845Kb)

pdf
Goods in Transit Proposal

Type: pdf (669Kb)

insurance broker

What are the benefits of an insurance broker?

Good advice is about defining your goals, both immediate and long term, and recommending solutions that fit your circumstances to achieve those goals.

Good advice can:

  • Give you direction & control
  • Save time
  • Manage your risks
  • Stop you making expensive mistakes
  • Give you peace of mind
  • Protect your business
More about brokers 

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