• Any loss or damage to goods in transit by Rail, Sea, Road or Air.

• Owners or bankers of goods in transit/shipment.

• Export and import shipments
• Goods in transit by rail, sea, road or air
• Goods carried by coastal vessels plying between the various ports within the country
• Cargo transported by small vessels or country craft over inland waters
• Goods moved from place to place by river or land transport

The policy covers loss/damage to the property insured due to

• Fire or explosion; stranding, sinking etc.
• Overturning, derailment ( of land conveyance)
• Collision
• Discharge of cargo at port of distress
• Jettison
• General average sacrifice, salvage charges
• Earthquake, lightning
• Washing overboard
• Sea, lake or river water

• Fire or explosion;
• Vessel or craft being stranded, grounded, sunk or capsized.
• Overturning, derailment (of land conveyance)
• Discharge of cargo at port of distress
• Jettison
• General average sacrifice

• Provides cover under ICC(C)
• Additional risks
  • Earthquake, volcanic eruption or lightning
  • Washing overboard
  • Entry of sea, lake or river water into vessel.
  • Total loss of package lost overboard or dropped in loading or unloading

• Provided cover for all risks of loss or damage except the following exclusions.
• All risks means losses which are caused by accidental circumstances
• Under ICC (C) and (B) the risks covered are specified.

• Loss caused by willful misconduct of the insured.
• Ordinary leakage, ordinary loss in weight or volume or normal wears and tears.
• Loss caused by inherent vice or nature of the subject matter.
• Loss caused by delay.
• Loss arising from insolvency or financial default of owners of the vessel.
• Loss or damage due to inadequate packing
• War, riot, strike, lock-out, civil commotions and terrorism.

• Particulars of cover liability and exclusion given above are not complete or exhaustive.
• Our nearest Branch Office may be approached for complete details