Product Q&A: Marine Transit & Cargo Insurance

We interviewed our Executive Director, Peter Streames, about our Marine Transit & Cargo insurance. We asked him what the cover consists of, what to consider when placing Marine Transit & Cargo insurance and what Quantum can provide. Read it here...
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What does marine transit & cargo insurance cover?

• Goods being shipped door to door, including goods shipped by boat, aircraft or vehicle.
• It can cover goods carried by courier, personally conveyed or via most postal services (limits apply for each).

 
 What are five key considerations when placing marine transit & cargo insurance?

• Goods must be properly packed to withstand the rigours of a normal course of transit (cover is excluded if goods are not properly packed).
• All documents must be correctly labelled, ensuring they meet Customs laws and regulations.
• Choose the correct carrier dependent upon value of goods and suitability for the product.
• Ensure your goods can be tracked at all parts of voyage, i.e. at hubs, custom halls etc.
• For certain goods condition reports will be required to be carried out before and after voyage.

 
 What can Quantum provide?

• Quantum work with Security couriers and Freight Forwarders that can advise the best security to ensure goods are moved safely from door to door.
• Quantum’s knowledge and volume of business allows for competitive premiums to be sought.
• Quantum’s association with Insurers and Loss Adjusters enables a fast response in the event of a claim, wherever they may happen Worldwide.

Contact us today for more information about our Marine Transit & Cargo Insurance.

You can call us on 1300 974 095, or submit an enquiry via the website.