Goods-In-Transit Insurance

This policy covers the goods of the insured against accident, theft, collision, overturning or fire whilst in transit by road, air, rail and inland motor ways and during the loading and unloading of goods.

However, delicate or fragile goods such as glass and explosives are not covered (unless declared at the start of the policy).

You can buy this insurance on either All Risks or Restricted Cover.


All Risks- This cover as it includes all the risks above listed. Cover commences immediately the goods are being loaded on to the transit vehicle and lasts until the goods are unloaded at the final destination. The conveyance can be either by road or by rail or by air or by water, and the geographical limit is anywhere in Nigeria

Restricted Cover – This cover is restricted as the risk of theft is only covered following an accident, collision or over-turning of the conveying vehicle.  It similarly operates anywhere in Nigeria.  The restricted cover is the one recommended for use.