GA’s goods in transit policy cover for loss of or damage to property belonging to the insured or for which the insured is responsible arising from any accident or other perils while in transit by any conveyance specified in the policy e.g. Road, Rail, air.
The policy can be extended to cover other perils not available in the standard policy including:
Cost of debris removal in the course of removal of property damaged, from the site where damage occurred. b) Transferring property from the vehicle following an accident and reloading to another conveyance.
Securing and protecting the property at the site of accident.
Damage (excluding wear and tear) to tarpaulins, sheets, trailer curtains, ropes, chains, webbing straps and packing materials following an accident.
Notable exclusions of the policy include transit of deeds, bonds, bills of exchange, promissory notes, money or other negotiable currency for which another separate cover is available namely, the money insurance cover.