Land
Transit insurance provides indemnity to the owner of goods
for the loss or damage sustained by the goods shipped whilst
in transit from a place of shipment to a destination named
in the policy. Transits may be by approved conveyances by
Sea, Air, Land or a combination of Sea/Air and land. Policies
may be issued under different conditions of insurance based
on Institute Cargo Clauses depending on the nature of goods
and the mode of shipment etc.
Land
Transit insurance provides indemnity to the owner of goods
for the loss or damage sustained by the goods shipped whilst
in transit from a place of shipment to a destination named
in the policy. Transits may be by approved conveyances by
Sea, Air, Land or a combination of Sea/Air and land. Policies
may be issued under different conditions of insurance based
on Institute Cargo Clauses depending on the nature of goods
and the mode of shipment etc.