Goods In Transit Insurance
What is Goods In Transit Insurance?
A Goods In Transit Insurance policy will protect your business against the potential loss of any goods or products that are lost, stolen or damaged during transit.
If your business is involved in transporting goods or stock, this policy can be absolutely crucial in protecting you against significant financial losses. It will ensure your goods are covered against loss or damage while in your vehicles or when sent by carrier. For example, if you are delivering goods to a customer and during their transit, the vehicle in which they are being transported catches fire and the goods are destroyed, this insurance cover will reimburse you for your loss.
One of the biggest benefits to this type of policy is its flexibility - it can be uniquely tailored to suit the exact requirements of your business.
How does it work?
Goods In Transit insurance gives you peace of mind that your property is protected against loss, theft or damage whilst it is being moved from one location to another. This can protect your company against large, unforeseen and often unavoidable claims, which could prove very expensive.
Any policy of this type can cover your business against:
- Loss in transit
- Theft in transit
- Damage in transit
Why is it important?
The main reason to take out a suitable Goods In Transit Insurance policy is to insulate your business and your finances from the threat of losing your goods or products through an accident or act of God.
Goods in transit insurance is a flexible type of cover that can be adapted to suit the needs of a wide range of individual businesses' needs, from small removal firms to courier services and large scale haulage firms - virtually any business that transports contents may find the cover beneficial to have in place. With different levels of cover on offer for the different types of goods that businesses transport, it’s important to ensure you get the right insurance at the right price.
For more information on Goods In Transit Insurance, speak to our team today.
Revenue Protection Insurance
A Revenue Protection Insurance policy protects your business against any significant drop in income, generally as a result of the incapacity of a key person or building, regardless of whether you are a retailer, manufacturer or wholesaler. It can also offer protection to businesses offering specific professional services.
Legal Liability Insurance
A Legal Liability Insurance policy protects your business from potential compensation claims that follow from negligence brought against you by employees, clients, customers or members of the public.
Protecting the people that work for you is absolutely vital in any form of business. Employee Protection insurances are designed to provide financial support to members of staff that suffer serious injury or illness, or a fatal accident.
- Top 100 UK independent broker* with Chartered Insurance Broker status
- Free no obligation review and quotation
- Talk to a dedicated insurance expert to guide you through the process
- Bespoke levels of cover tailored to your individual requirements
- Competitive premiums underwritten by the UK's leading insurers
- Dedicated in-house claims team who will deal with any claim on your behalf
- Payment of premium by monthly instalment available (subject to status)
- Free access to online risk management services
* Top 100 Independent Brokers 2013 published by Insurance Age in association with Cornell Consulting
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