Stay protected on land. This policy covers goods being transported over land from fire, theft or accidental means and prevent unnecessary losses on your investment.
This insurance provides coverage for goods being transported over land only from one place to another. The scope of coverage is restricted to Fire, Theft or Accidental Means and subject to Express Exclusions of the Policy.
Cover commences from the time goods leave the place of warehouse continues during the ordinary course of transit and terminates upon delivery at destination. Temporary storage during ordinary course of transit and the process of loading and unloading are also covered.
The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Berjaya Sompo Insurance Berhad or PIDM (visit www.pidm.gov.my)
Major Exclusions
- War risks and Nuclear risks
- Wear, tear and depreciation
- Temporarily housed in the course of transit for the purpose of storage making up packing or processing .
- Specific Goods as listed in the policy.
- Dishonest act, theft or pilferage by any employee of the Insured.
Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.
