The ONE Goods in Transit Insurance Policy is available as a stand-alone product or as an additional section of the Heavy Commercial Vehicle Policy. It is designed to cover the exposure of Commercial Transporters in respect of accidental loss of or damage to their customers’ goods whilst being transported on their behalf.
Cover is for road vehicles belonging to, hired by, or used by the Insured Transporter or their Sub-Contractors.
Key Benefits
First Loss cover – no average applies
Shipping containers of any type included as part of Load cover without inner or sub limits
Driver Fidelity included for theft / hijack
Carrying of Hi-Cube containers will not invalidate cover
Minor overloading tolerance included
Tarpaulins
Debris removal / Spillage clean-up
Prevention of loss costs (even when there is no loss / damage to load)
Loss mitigation costs such as security at accident site, re-loading and / or alternative transport costs
Loading and unloading losses included where Insured is actively involved
Collision of load included on restricted covers
72-hour intermediate storage
Carrying Vehicle Options
Specified vehicle basis
Fleet basis
Contingency basis for Transport Brokers and / or Sub-Contractors
Ground up cover for Sub-Contractors when added to Insured Transporter’s policy
Territorial Limits
Republic of South Africa, Namibia, Botswana, Lesotho, Swaziland, Zimbabwe, Malawi, Democratic
Republic of Congo (DRC) no further north than Kolwezi, Mozambique, Angola, Zambia and Tanzania
Cover Options
All Risks
All Risks including deterioration following breakdown or malfunction of refrigeration equipment
As above but extended to include incorrect temperature setting