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What is Marine Transit Insurance?

by Kobus Van den Bergh | Sep 28, 2016
  • We all know that excess baggage fees are ridiculous and that it’s not pleasant to carry four suitcases around. The best way to get around it? Ship your goods. When you’re loading your things onto a carrier, you will need to give some thought to the “what if” of something not arriving at its destination.
  • 91_What-is-Marine-Transit-Insurance

    What is Marine Transit Insurance?

    Marine Transit Insurance covers the loss or damage of cargo between the points of origin and final destination. It is also known as “goods in transit” insurance.

    Why do you need it?

    Shipping companies generally take every precaution to protect your possessions while they are in transit. However, things can go wrong. It’s recommend that you insure your goods for their replacement value at your destination. This is where Marine Transit Insurance comes in.

    What 1st Contact Shipping offers you

    Our Marine Transit Insurance covers all risks of loss or damage in transit and is available at a premium of 5% of the value you declare on our Insurance Proposal form. Alternatively, we can offer protection against total loss only at a premium of 3.5% of the value you declare.

    Why you should consider shipping your goods

    Still in two minds?

    • Over 90% of world trade is carried by the international shipping industry.
    • Shipping is regulated by the International Maritime Organization (IMO), ensuring a total commitment to safety.
    • Shipping is the least environmentally damaging form of commercial transport.

    1st Contact Shipping offers fast, safe and cheap international shipping to over 85 countries. Request a quote, or call one of our consultants on +44 (0) 80 8141 5520 and we’ll help you move your excess goods.

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