Goods In Transit (GIT) Insurance in South Africa

Goods in Transit (GIT) Insurance covers property against loss or damage while freight is in transit from one place to another, or being stored during a journey. It also protects the Transport Operator or Courier Distribution Service for their responsibility, in the event of damaged or lost freight being transported.

 
Check your Goods In Transit (GIT) Insurance or Courier Service's
territorial geographical limits - can it be extended to cover abroad?

Need Goods in Transit Insurance Assistance?
 

Goods in Transit (GIT) Insurance is a must for Cargo owners, Transporters, Courier Services or Hauliers, as it provides peace of mind and provides financial protection. Getting the right Goods in Transit (GIT) or Courier Service Insurance is essential, so discuss your individual needs with one of our experts.

Ensure to select the best Goods in Transit (GIT) Insurance or Courier Distribution Service cover as protection – should the worst happen.

Liability risk exposure should also be looked at carefully. Massive financial losses may be incurred by the contractor, transport broker, or the owner – if the right cover is not in place.

Consider cover for theft or loss, whilst in transit - also damage through accidents, or whilst in transit.

Being a specialist area, all product options should be considered.

These options may be confusing...

In fact, the smartest thing you can do is -- Get a specialist broker to do it for you!
 
Also note the following guidelines and considerations with regards to Goods In Transit (GIT) Insurance or Courier Service cover:
  • Can the Goods In Transit (GIT) Insurance or Courier Service cover options be extended to air, sea and rail also?
  • Always check your territorial geographical limits. Can it be extended to cover abroad?
  • Make sure if your policy includes losses due to mechanical breakdown or refrigeration equipment? And/or can it be included in your policy?
  • Packaging may influence claims – make sure you understand what is required in terms of your policy;
  • Unattended vehicles may influence claims – train your drivers on how they can minimise risks;
  • Check your policy conditions with regards to 'unusual' loads. Certain cargo items would normally be excluded, such as expensive artworks, or ammunition, flammable & fireworks (these can be considered as 'hazardous' goods) and many more.
  • ‘Weight-rated’ restrictions may also apply in some cases.
  • Make sure your Goods In Transit (GIT) Insurance or Courier Service cover limit is adequate, given value of the load;
  • Cover is normally on an all risk basis. Check your policy extensions with regards to fire, collision, hijacking, overturning and theft due to the overturning. Is means of transport described?
  • Can the cover options be extended to include excess buyback? Excesses can be very high, so discuss the options with your broker;
  • Is debris removal options available? Does it include environmental clean-up?
  • Does your Goods In Transit (GIT) Insurance or Courier Service cover include conditions for loading and unloading, nets, chains & tarpaulins?
  • Are conditions applicable to delayed unpacking?
  • Are conditions applicable to livestock and % grace for overloading?
  • Does it allow for protection against driver wilful misconduct, with regards to theft highjacking?
 
 
Packaging, loading and unloading may influence Goods in Transit (GIT) or Courier Service's
insurance claims - be familiar with your policy terms & conditions
 
 
Check your Goods in Transit (GIT) Insurance or Courier Service's policy
conditions - with regards to exclusions and 'unusual' loads
 
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