Transit & Cargo Insurance

Also known as Marine Transit & Marine Cargo Insurance.

Marine Transit Insurance

Refers to the transport of goods within a defined country ie: Anywhere in Australia. It covers the goods for a variety of perils usually within two broad categories known as:

  • Restricted Cover: (Fire, Flood Collision & Overturning of the conveying vehicle)or,
  • Full Cover: (All Accidental Loss or Damage not specifically excluded)

Goods are insured whether travelling by road, rail, or air and you simply need to nominate a ‘Maximum Any One Loss’ to ensure you have enough cover in the event of a total loss of the goods.

Marine Cargo Insurance

Covers goods being imported or exported internationally either by sea or air.

Cover is purchased to cover specific perils under what are known as Marine Insurance Clauses.

Your Coastsure Insurance broker will tailor a Marine Cargo cover that specifically suits your method of transport and the appropriate Marine Clauses to protect your valuable cargo.

Any advice or recommendation that may have been implied is General Advice only. Please be aware that we have not taken into consideration your needs, objective or financial requirements. Before deciding to purchase a financial product, you should read the Product Disclosure Statement to ensure the product is suitable for your needs.