Goods-In-Transit
If your business involves transporting goods in large quantities by road, this plan is for you.
Often, such businesses come with high risks as goods worth a lot of money are exposed to damage by fire, accident, or loss from theft.
Therefore, distribution companies, corporate organizations and any business owner involved in the movement of goods in large quantities should consider the Goods-in-transit cover.
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Single Transit Restricted Cover
Cost is based on the value of goods in transit.
Perfect for:
- Business owners using owned vehicles to transport goods
- Individuals relocating from one building to another
- For one-off transit
Coverage:
- Loss or damage to goods in the case of overturning or collision of the conveying vehicle: Covered
- Loss or damage to goods in the case of theft, violence or other threats: Covered
- Location: Specified To and Fro locations
Single Transit all-risks cover
Cost is based on the value of goods in transit
Perfect for:
- Business owners using owned vehicles to transport goods
- Individuals relocating from one building to another
- For one-off transit
Coverage:
- Loss or damage to goods in the case of overturning or collision of the conveying vehicle: Covered
- Loss or damage to goods in the case of theft, violence or other threats: Covered
- Location: Specified To and Fro locations
Open Restricted Cover
Based on the estimated annual cost of goods.
Perfect for:
- Business owners using owned vehicles to transport goods.
- For regular transit
Coverage:
- Loss or damage to goods in the case of overturning or collision of the conveying vehicle: Covered
- Loss or damage to goods in the case of theft, violence or other threats: Covered
- Location: Nationwide
Open all-risks Cover
Based on the estimated annual cost of goods and the number of transits per year.
Perfect for:
- Business owners using owned vehicles to transport goods.
- For regular transit
Coverage:
- Loss or damage to goods in the case of overturning or collision of the conveying vehicle: Covered
- Loss or damage to goods in the case of theft, violence or other threats: Covered
- Location: Nationwide
FAQs
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Authorized and Regulated by the National Insurance Commission, RIC NO. 093
Heirs Towers, 107b, Ajose Adeogun Street, Victoria Island, Lagos, Nigeria