Land Transit

Land Transit

Get a Quotation

Please provide the following documents to get a quotation:

  • Completed Brokerage of Record filled, signed and stamped
  • Copy of Commercial Registration
  • A completely filled Proposal Form, signed and stamped
  • Loss record for the past three years

Inland Transit Policy covers the insured cargo against total loss / partial loss / and related expenses while goods are in Inland Transit. Marine Inland Transit policies are designed to provide suitable coverage and offer adequate indemnity for cargo / goods carried through various modes of transport and transit

Risks Covered

All Overseas Transits are subject to the Institute Cargo Clauses A, B &C given by the Institute of London Underwriters. The brief coverage is as follows:

 
Risk Institute Cargo Clauses
( Proximate Cause) A (All risk Cover) B (Wider Cover) C (Basic Cover)
Stranding , Grounding, Sinking or Capsizing Yes Yes Yes
Overturning or Derailment of Land Conveyance Yes Yes Yes
Collision of Ship or Craft with another Ship or Craft Yes Yes Yes
Contact of Ship, Craft or Conveyance with anything other than Ship or Craft (excludes Water but not Ice) Yes Yes Yes
Discharge of Cargo at Port of Distress Yes Yes Yes
Loss overboard during Loading/Discharge (total loss only). Yes Yes Yes
Fire or Explosion Yes Yes Yes
Malicious Damage Yes No* No*
Theft/ Pilferage Yes No No
General Average Sacrifice Yes Yes Yes
Jettison Yes Yes Yes
Washing Overboard (deck cargo) Yes Yes No
War Risks No* No* No*
Seawater entering Ship, Craft, Hold, Conveyance Container Lift Van or Place of Storage Yes Yes No
River or Lake Water entering same Yes Yes No
* Can be bought back

Goods (merchandise) dispatched by rail or road from any place in a certain country to any place in that very country (not in conjunction with an overseas voyage) are subject to Inland Transit (Rail/Road) Clause A,B & C.:

  • Inland Transit (Rail or Road) Clause - A (All Risks): Covers All Risks of Physical loss or damage subject to exclusions
  • Inland Transit (Rail or Road) Clause - B (Basic Cover): Covers Physical loss or damage caused by:
       - Fire, Lightning, bridge collapse
       - Derailment, collisions, or accidents during goods transportation
  • Inland Transit (Rail or Road) Clause - C: Covers Physical loss or damage caused by fire or lightning
 

Extensions

  • For Inland Transit: Strikes, riots and Civil Commotion
  • For Overseas Transit:
       - War, strikes, riots and Civil Commotion
       - Custom duties and Increased Value Insurance ( for Imports only)
       - Seller's Interest Insurance ( for Exports with C&F or FOB terms only)

Exclusions

  • Willful misconduct
  • Ordinary leakage/loss in weight or volume , wear and tear
  • Improper packing
  • Inherent vice
  • Delay
  • Insolvency/financial default of carriers
  • War, strikes, riots and Civil Commotion

Request A Quote

In order to receive a quote, kindly download the Broker Appointment Letter Document. Fill it with the correct information, then upload it back in the below field.

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Contact

For your inquiries, please fill the form and our team will be glad to answer all your questions.

  • locate us on the map
  • 920007474 – Ext. 1000
  • info@elitere-sa.com

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