Goods in Transit
What is covered?
This insurance covers loss of or damage to the goods you buy, sell or use in your business up to a value of $100,000, when they are in transit in Australia by ship, aircraft, post, rail and road.
The level of cover depends on whether you select limited conditions or accidental damage.
- Limited conditions - covers specified perils only and not theft or accidental damage. For example damage caused by fire, collision of the conveying vehicle and explosions would be covered.
- Accidental damage - provides the same cover as limited conditions as well as loss or damage caused by accidental damage or theft.
Refer to the policy document for full details
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