Goods in Transit Insurance

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Goods in Transit Insurance

Goods in Transit Insurance protects your goods against risks such as loss or damage during transportation or temporary storage. Transportation is a crucial part of business operations, and unexpected risks can impact both cash flow and the reputation of your business. With Le Insurance, you can rest assured that your goods are always protected, wherever they may beSuitable Customers:
  • Manufacturing and trading businesses that need to protect their raw materials and products
  • Import-export companies that want to ensure the safety of goods during international transit.
  • Carriers responsible for the goods of their clients.
Key Benefits:
  • Comprehensive Coverage: Protects goods from risks during transit or storage.
  • Flexible Coverage: Provides insurance for all modes of transport, both domestic and international.
  • Professional Support Services: Free consultation and support for a fast claims process.
  • Quick Compensation: Minimises financial losses with a simple and efficient claims process.

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Your duty of disclosure

Before you enter into, renew, vary, extend or reinstate a commercial insurance contract, you must tell the insurer everything you know, or could reasonably be expected to know, that is relevant to its decision to insure you and on what terms. You do not need to disclose anything that reduces the risk, is common knowledge, the insurer knows or ought to know, or that the insurer has waived. If you do not comply, the insurer may reduce or refuse a claim or cancel the contract. If the failure was fraudulent, the insurer may treat the contract as if it never existed.

Before you buy

Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for any policy before deciding. The PDS sets out what is and is not covered, the limits and the excesses. The TMD describes the class of customer the product has been designed for. We will provide the current PDS and TMD for any policy we recommend, or you can request them from us.

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Your duty to take reasonable care not to make a misrepresentation

When you apply for, renew, vary, extend or reinstate a consumer insurance contract, you have a legal duty to take reasonable care not to make a misrepresentation to the insurer. This means answering the insurer's questions honestly, accurately and completely. If you do not, the insurer may cancel your policy, reduce or refuse a claim, or treat the contract as if it never existed.