Optima Insurance Brokers Pvt. Ltd.

Insurance Policies

Transit

Damage to and theft of goods during transit is not unknown. The Transit Insurance policy provides cover for any goods when in transit including temporary warehousing.

Overview

Goods in Transit insurance is an essential cover for all businesses except those in the service industry. Businesses need to transport raw material, finished goods and capital equipment. This policy provides protection to your goods whilst in transit from one place to another by road, sea, inland waterways, or air. The policy covers loss of, destruction of or damage to the goods while in transit or while temporarily warehoused in the course of transit.

Transit Insurance, also called Marine Insurance, is a flexible and customizable insurance and offers various kinds of policies. From a single movement of material to all possible transits required produce and sell and goods can be covered.

Marine policies can be issued based on “voyage” or “time” basis. The customer can opt for a specific transit policy covering particular voyages. The more common marine insurance policy is known as open policy where the customer starts the policy with the provisional sum insured and provides monthly declarations based on which the premium is debited from the provisional premium collected. When the sum insured is on the verge of getting exhausted, it can be increased by paying additional premium.





Optima’s core group has more than 100 man-years of experience in insurance. Our experience has trained us in reading the fine print of insurance policies, understanding it and applying it for the benefit of our clients.

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Corporate Office

M6, M Block Market, Greater Kailash-II, New Delhi-110 048
+91-11-40 50 51 52, +91-11-40 50 51 53

Registered Office

M4, Greater Kailash-II, New Delhi-100 048
+91-11-40505159
info@optima.co.in

IRDA Registration Number 326  |  CIN : U66030DL2000PTC103603  |  Category : Direct Broker (Life and Non-Life)  |  License period : 22-03-2018 to 21-03-2021
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