Insurance Perth
Marine transit insurance covers your physical assets during transit and while temporarily stored. Despite its name, this insurance is not limited to marine transport; it also covers various modes of transport, including road, rail, air, sea, and even registered post.
Marine transit policies are typically issued on an annual basis. This means that once your policy is set up you don’t need to think about insuring your goods each time you make a shipment or move stock. If you only need coverage for a one-off transit, that option is also available.
While many freight forwarding companies may provide insurance for your goods during transit, their coverage is often limited and can come with a hefty price tag. You’re much better off obtaining your own marine cargo transit insurance, ensuring you have the appropriate coverage at a more competitive rate.
At Matrix Insurance, we’re here to help you find the best solution tailored to your needs.
Potential Risks to Your
Cargo During Transit
Setting Up a Marine Transit Policy?
Insurers only require a few details to set up a Marine Insurance Policy:
- Description of goods in transit
- Total estimated annual sendings
- Maximum Value of any one transit
- Average value of any one transit
- How the goods are stored while in transit
- Previous claims history
- Where goods are generally moved to and from
Whether you are importing, exporting or moving goods within Australia we can help. Although marine transit policies are straightforward to set up, policies vary between insurers, so it’s very important to get expert advice so that you have a policy in place that will respond correctly. To make sure you have the right cover in place, contact one of our marine cargo insurance experts
Today
Contact Matrix Insurance today on (08) 6555 7742 to speak with an insurance broker who can help you.
