Goods In Transit
Goods in Transit Insurance protects businesses against specified loss or damage to insured goods while being transported from one location to another, typically within Kenya.
Whether you are a manufacturer, distributor, wholesaler, retailer or logistics operator, transporting goods exposes your business to risks such as accidents, theft and damage during transit.
This insurance helps protect the financial value of goods while they are being moved, subject to the agreed coverage.
Get A QuoteBenefits Of Goods In Transit Insurance
Transit Protection
Covers insured goods against specified accidental loss or damage during transportation.
Accident-Related Losses
Provides protection against covered damage resulting from road accidents and other insured transit incidents.
Theft Protection
Can cover specified theft-related losses, subject to policy terms and security requirements.
Loading And Unloading Options
Certain policies may extend protection to eligible loading and unloading risks.
Financial Protection
Helps businesses avoid bearing the full cost of replacing goods lost or damaged during insured transit.
Supply Chain Confidence
Supports more secure movement of goods between suppliers, warehouses, distributors and customers.
Goods In Transit Vs Marine Cargo Insurance
Understanding the difference helps you choose the right protection for your cargo.
- Goods In Transit Insurance typically covers domestic transportation of goods within Kenya by road.
- Marine Cargo Insurance covers international shipments by sea, air, road or rail, often from warehouse to warehouse across borders.
- Businesses involved in both domestic distribution and international trade may need both types of cover.
- The policy terms, transit routes and covered risks differ between the two products.
How Goods In Transit Insurance Works
Assess Your Transit Risks
We review what you transport, how often, by what means and between which locations to understand your exposure.
Value Your Goods
Set an appropriate sum insured based on the maximum value of goods likely to be in transit at any one time.
Choose Your Cover
Select the risks you want to insure against — accidents, theft, loading and unloading damage — and any extensions you need.
Report A Loss
If goods are lost or damaged during transit, notify your insurer and Wysline promptly with the relevant documentation.
Claim Settlement
The insurer assesses the claim and settles eligible losses, helping you replace damaged or lost goods.
Who Needs Goods In Transit Insurance?
Transporters And Logistics Providers
Companies whose core business is moving goods between locations for clients.
Manufacturers And Factories
Businesses moving raw materials to factories and finished products to distributors or customers.
Wholesalers And Distributors
Companies regularly transporting stock between warehouses, retail outlets and customers.
Retailers
Businesses receiving stock deliveries and moving merchandise between branches or to customers.
Businesses Moving Stock Or Merchandise
Any organisation that transports valuable goods as part of its daily operations.
Frequently Asked Questions
What is Goods In Transit Insurance?
Goods In Transit Insurance covers your business goods against specified loss or damage while they are being transported from one location to another, typically within Kenya.
Does it cover theft of goods during transit?
Yes, subject to the policy terms and any security requirements specified by the insurer, such as using locked vehicles or accompanied transport.
Are goods covered while being loaded or unloaded?
Some policies extend cover to loading and unloading, but this is not always automatic. Check your policy or ask us to include this extension.
Does it cover goods transported by a third-party carrier?
It depends on the policy. Some cover goods regardless of who transports them, while others may require specific arrangements for third-party carriers.
How is the sum insured determined?
The sum insured is typically based on the maximum value of goods likely to be in transit at any one time, including the cost of the goods plus any freight charges.
What documents are needed to make a claim?
You will usually need a completed claim form, delivery notes, photographs of damage, a police report for theft, proof of goods value and any other supporting documentation requested by the insurer.
Get A Goods In Transit Insurance Quote
Your goods represent money invested in your business. Protect them throughout their journey. Contact Wysline Insurance Agency for a Goods in Transit Insurance quotation.
Cover, limits and exclusions vary by insurer and are subject to underwriting acceptance and the policy terms and conditions. Speak to Wysline Insurance Agency for a quotation based on your transit needs.