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Single Transit Policy Insurance

Single Transit Policy Insurance

Protects goods from origin to destination

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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Policy Covers:

  • Fire accidents that damage goods during transit
  • Natural calamities that affect goods during transit
  • Collision, overturning, or derailment of goods in transit
IRDA
IRDAI CERTIFIED
4.9
TRUSTED BY
2,500+
BUSINESSES

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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Pay ₹7,000* per year
and get ₹50 Lacs coverage

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HomeSingle Transit Policy Insurance
Single Transit Policy Insurance

Single Transit Policy Insurance

Protects goods from origin to destination

Pay ₹7,000* per year
and get ₹50 Lacs coverage

No Spam

By clicking on "Continue", you agree to our Privacy Policy as well as our Terms of Use and Disclaimer

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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Policy Covers:

  • Fire accidents that damage goods during transit
  • Natural calamities that affect goods during transit
  • Collision, overturning, or derailment of goods in transit
IRDA
IRDAI CERTIFIED
4.9
TRUSTED BY
2,500+
BUSINESSES

Trusted by:

BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
BimaKavach Client
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What is Single Transit Insurance?

A single transit policy safeguards goods from origin to destination across all modes of transport—road, air, rail, sea, courier, and postal services. This marine insurance subset offers protection for specific journeys, securing cargo against loss or damage.

Who needs Single Transit Policy Insurance cover?

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Traders
Annual Turnover

₹0 Cr-₹200 Cr

FMCG
Annual Turnover

₹0 Cr-₹300 Cr

Manufacturing
Annual Turnover

₹0 Cr-₹1,000 Cr

Ecommerce
Annual Turnover

₹0 Cr-₹100 Cr

Exporters
Annual Turnover

₹0 Cr-₹3,000 Cr

Textiles
Annual Turnover

₹0 Cr-₹100 Cr

Why do you need Single Transit Policy Insurance?

Why do you need Single Transit Policy Insurance?

Financial protection

Safeguards against financial loss from damage or loss of goods during transit.

Comprehensive coverage

Provides coverage for various transportation modes, including road, air, rail, sea, and courier services.

Business continuity

Ensures business continuity by protecting shipments from origin to destination.

Facilitates smooth trade

Mitigates risks associated with international and domestic shipping, offering peace of mind to businesses.

Maintains credibility

Helps meet contractual obligations and customer expectations by ensuring goods arrive safely and undamaged.

Why choose BimaKavach to protect your business?

The Power of Underwriting

Your Policy is built for your unique needs.

50+ Years of Insurance Expertise

Best Price for Complete Coverages

You get the best price for your coverage.

Best Price for Complete Coverages

24*7
Claims Support

All concerns will be addressed without delay.

24*7 Claims Support

Online Platform to Manage Your Bima

Your policy can be managed from anywhere.

Online Platform to Manage Bima

Dedicated
Bima Expert

You get access to IRDAI-Certified Bima Experts.

Dedicated Bima Expert
ProductUseCasesSection

Who’s this for?

Importers and Exporters
Freight Forwarders
Manufacturers
Retailers
E-commerce Businesses

Coverages

Fire Accident

This coverage protects against fire-related damages, including firefighting expenses, smoke damage, and water damage from fire suppression agents.

Collision, Overturning, or Derailment

This insurance covers damage or loss from vehicle accidents like collisions, overturns, or derailments, including salvage and recovery costs.

Sinking

This insurance covers losses from a transport sinking or overturning, including salvage costs and damages to other vessels or assets.

Natural Calamities

This protects against losses from natural disasters like hurricanes, earthquakes, tsunamis, and storms.

Reconditioning Cost

After a covered loss, this coverage pays for repairs to restore the carrier's original condition. It includes machinery, equipment, and item replacement costs, plus labor, materials, shipping, and storage expenses.

Explosion

This coverage protects your shipment and onboard cargo from explosions or similar events. It also covers salvage, recovery costs, and liabilities for damage to other carriers and properties.

Damages suffered during loading and unloading

This coverage protects against damages during loading and unloading referring to harm or loss suffered by goods during transfer onto or off vehicles.

Exclusions

Intentional or Wilful Activities by the Insured

Marine Transit Insurance Policy excludes coverage for damages or losses resulting from deliberate actions by the insured or their representatives, including intentional damage to their own cargo.

Normal Wear & Tear

Marine Transit Insurance policy excludes coverage for losses or damages caused by weight loss, volume loss, liquid leakage, or normal wear and tear.

Inadequate Packaging

Losses resulting from the insured's negligence or inadequate precautions during packaging or preparation of items for delivery are not covered.

Inherent Nature

Damages or losses caused by inherent characteristics or defects of the insured item are excluded from coverage.

Damages Caused by Riots, Strikes, or War

Loss or damage to items during riots, civil disturbances, or wars is not covered. Additional insurance options may provide coverage for these risks.

Default in Financial Commitments

This Marine Transit Insurance policy exclusion applies to losses or damages resulting from a transport or delivery entity's financial default, such as loan defaults or inability to fulfill contractual obligations.

Delay in Delivery

Marine Transit Insurance policy excludes coverage for damages or losses due to delivery delays, unless the delay directly causes physical damage or loss to the insured items.

Coverages
Exclusions

Fire Accident

This coverage protects against fire-related damages, including firefighting expenses, smoke damage, and water damage from fire suppression agents.

Collision, Overturning, or Derailment

This insurance covers damage or loss from vehicle accidents like collisions, overturns, or derailments, including salvage and recovery costs.

Sinking

This insurance covers losses from a transport sinking or overturning, including salvage costs and damages to other vessels or assets.

Natural Calamities

This protects against losses from natural disasters like hurricanes, earthquakes, tsunamis, and storms.

Reconditioning Cost

After a covered loss, this coverage pays for repairs to restore the carrier's original condition. It includes machinery, equipment, and item replacement costs, plus labor, materials, shipping, and storage expenses.

Explosion

This coverage protects your shipment and onboard cargo from explosions or similar events. It also covers salvage, recovery costs, and liabilities for damage to other carriers and properties.

Damages suffered during loading and unloading

This coverage protects against damages during loading and unloading referring to harm or loss suffered by goods during transfer onto or off vehicles.

Your Journey to Suraksha

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When can I Claim?

A claim under Single Transit Policy Insurance can be registered in the below circumstances:

  • When goods are damaged by fire, natural calamities, or sinking during transit
  • If goods during transit are overturned or face collision when being transported
  • When goods are being repaired or restored due to damage during transit
  • Goods are damaged while loading or unloading during transit

Claim what’s yours with BimaKavach

Have more questions?

Phase 1

Intimation

Intimate your claim

Notify BimaKavach about your claim by contacting your Bima Relationship Manager.

ETA: INSTANT
We register your claim

We log your claim details into our system and pass it on to the insurer for further processing.

ETA: 3-5 Business Days
Phase 2

Confirmation

Documentation

Collect and submit all necessary documents to support your claim.

ETA: 3-5 Business Days
Evaluation begins

Our team assesses the claims validity & makes a good case for your claim with the insurer.

ETA: 3-5 Business Days
Phase 3

Settlement

Settlement is decided

The insurer determines the settlement amount based on the evaluation.

ETA: 3-5 Business Days
You receive the settlement

The approved compensation is transferred to you.

ETA: 3-5 Business Days
Claims. Delivered

Have more questions?

Common insurance questions answered

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We assumed you want general questions first, but feel free to ask us about specifics

Product
General
Buying Process
Claims
Who are We
What is covered under the Single Transit Policy?
Who needs a Single Transit Policy?
How much does a Single Transit Policy cost?
Can I bundle the Single Transit Policy with other policies?
What are common exclusions in Single Transit Policy?
How do I file a claim under the Single Transit Policy?

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