The losses that can occur when goods and products are in transit are often substantial, and it is critical that they are dealt with swiftly. Marine insurance insures your goods and products against damage sustained in transit, not just in Switzerland, but anywhere in the world.
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Often, neither the consignor nor the recipient can control or foretell the risks to which goods in transit and in storage are exposed. When transported goods and products are destroyed or damaged, in a traffic accident for instance, the financial implications for your business are potentially severe, not to mention the potential for interruption of your operations. Helvetia marine insurance provides comprehensive cover for these financial losses.
Marine insurance is especially advisable for companies that regularly ship or temporarily store goods, both nationally and internationally. Whether they transport goods and products themselves or arrange this through other providers is immaterial.
Goods-in-transit insurance covers damage and losses sustained at any point during the transport phase. Layovers and exhibitions are also covered by the insurance, as are goods that are not being transported at the policyholder’s risk. Products and goods-in-transit insurance covers the following goods:
Product and goods-in-transit insurance covers losses and damage occurring during transport, layovers or at exhibitions. The direct route to the means of transport is also covered. However, there are other recommended insurance products which offer companies protection for events other than damage in transit and which minimize risks.