Inland Transit
Goods moving within India by road, rail or courier: raw materials, finished goods and machinery.
Marine & Transit Insurance
Your goods, safe in transit
Whether you dispatch cotton bales to Ludhiana, steel coils to Mumbai or import machinery from abroad, goods on the move face accidents, theft and damage. We arrange the right transit cover and help you claim when a consignment arrives short or damaged.
- Road, rail, sea, air and courier consignments
- Single transit, open and annual turnover policies
- Help with surveys and recovery from carriers
Enquiry received
Thank you. An advisor will call you within 4 business hours (Mon–Sat, 9 AM – 7 PM). Want to talk sooner?
Types of Cover
Cover that matches your trade
The right structure depends on how often you ship and who bears the risk under your sale terms.
Import & Export Cargo
Sea and air shipments, as per Incoterms and Institute Cargo Clauses (A), (B) or (C).
Single Transit Policy
Covers one specific consignment. Suitable for occasional shipments.
Open Policy / Open Cover
Automatically covers all shipments over a year up to an agreed limit per consignment; you declare dispatches.
Sales Turnover Policy
Annual cover based on your projected turnover for all outward (and optionally inward) transits. Minimal paperwork.
Project Cargo
Heavy machinery and project equipment moving to a site, including loading and unloading risks.
Know Your Cover
What's covered, what's not
A general guide. Exact cover depends on the insurer and plan, and we walk you through the policy wording before you buy.
Usually covered
- Accident, overturning or collision of the carrying vehicle
- Fire and explosion during transit
- Theft and non-delivery of the entire package (as per policy terms)
- Loading and unloading damage (where included)
- Natural perils: flood, storm, earthquake, lightning
- General average and salvage charges (sea cargo)
- Riots, strikes and war (for sea / air cargo, as add-ons)
Usually not covered
- Insufficient or unsuitable packing
- Ordinary leakage, ordinary loss in weight or volume, and ordinary wear and tear
- Inherent vice or nature of the goods (e.g. natural deterioration)
- Delay, even if caused by an insured peril
- Wilful misconduct of the insured
- Losses from insolvency or financial default of the carrier
Getting It Right
Avoid common transit claim problems
Most marine claim issues come from paperwork and timing. These habits protect your claim.
Correct basis of value
Insure at invoice value plus freight and a margin (commonly 10%) as allowed by the policy.
Check on delivery
Inspect goods at delivery and note any damage or shortage on the delivery receipt before signing.
Notice to carrier
Lodge a monetary claim with the carrier or transporter within the time limit, preserving recovery rights.
Declare on time
Under an open policy, declare every dispatch as required, since missed declarations can void cover.
Right clauses
ICC (A) is 'all risks', while (B) and (C) are narrower. We match the clause to your goods and route.
Survey promptly
Call us immediately so a surveyor can inspect before damaged goods are moved or disposed of.
Claims
Consignment damaged? We'll guide you.
Quick action preserves both your claim and your right to recover from the carrier.
Note & photograph
Record damage or shortage on the delivery document, take photos, and keep the goods and packing as they are.
Inform us immediately
Call +91 93067 50032. We intimate the insurer and arrange a surveyor.
Notice to carrier
We help you serve a monetary claim notice on the transporter, shipping line or airline.
Documents & settlement
We compile the claim file and follow up with the insurer until settlement.
Keep Handy
Documents usually needed for a claim
Insurers may ask for more depending on the case. We'll give you the exact list for your claim.
- Policy / certificate and declaration
- Commercial invoice and packing list
- Lorry receipt, bill of lading or airway bill
- Survey report
- Copy of claim notice to carrier and their reply
- Photos of damaged goods and packing
- Delivery receipt with remarks
- FIR (theft / non-delivery / accident cases)
FAQs
Marine & Transit Insurance questions
Who should buy transit insurance, the buyer or the seller?
It depends on your sale terms. The party that bears the risk of loss during transit (for example under FOB or CIF terms, or as agreed in your contract) should insure. We'll check your terms and advise.
What is the difference between an open policy and a sales turnover policy?
An open policy covers all shipments up to an agreed sum and requires you to declare each dispatch. A sales turnover policy is based on your annual turnover and needs fewer declarations, making it convenient for businesses with frequent dispatches.
Is theft from a truck covered?
Theft is covered under most inland transit policies, subject to conditions. Pilferage and non-delivery may need specific mention. We'll make sure the cover matches your goods.
How quickly must I report a transit claim?
As soon as possible, ideally at the time of delivery. Delays can prejudice both the insurance claim and your recovery rights against the carrier.
Do you arrange cover for imports?
Yes. We arrange marine cargo cover for imports and exports by sea and air, including warehouse-to-warehouse cover where appropriate.
Ship with confidence
Tell us what you ship, how often and roughly how much per year, and we'll recommend the right policy.