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Goods in Transit

Goods in Transit

  • Provides cover for goods transported by road, rail, aircraft, vessel or post
  • Main delivery terms - Ex-works ( EXW ), Free Carrier ( FRC ), Free On Board ( FOB ), Freight Carriage Paid To ( DCP ), Cost Insurance & Freight ( CIF ), Cost & Freight ( CFR ), Freight Carriage & Insurance Paid To ( CIP ), Delivered Duty Paid ( DPP )
  • Types of policy available - Specified Vehicle or Declaration basis
  • Types of cover available - All Risks or Restricted Perils
  • Extensions available for Property in Sub-contractors Custody, Insured's Own Property, Theft By Bogus Sub-contractor, Deterioration, Return Loads, Freight Forwarding, Warehousing, Professional Indemnity, Third Party Liability
  • Premiums are normally based upon the type of goods, sums insured, estimated annual carryings and cover

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Member of the National Association of Commercial Finance Brokers (NACFB) Code of Practice Licensed under the Consumer Credit Act 1974 Licence No 554483


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