Universal Insurance Plc. Goods in Transit policy (GIT) covers the risk of loss or damage inherent in the movement of your goods while loading or unloading from the point of departure until delivery at destination. The cover granted is practically “all risks” including fire, lighting, burglary and other insured perils except perils stated in the policy as excluded.

Therefore, if you’re in charge of providing a service centered on goods in transit, it’s highly important to protect yourself from these unavoidable incidents. Failure to do so could prove costly in covering any claims made against your business as well as time spent dealing with these episodes. However, delicate or fragile goods such as glass and explosives are not covered (unless declared at the start of the policy).

There are two types of cover available namely: