Goods in Transit Insurance

CLASS OF POLICY

Goods in Transit Insurance

PERIOD

From:                                      To:

COVER

INTEREST

Against loss or damage to goods of all types and descriptions including

but not limited to general dry cargo, personal effects, industrial

products of all types, insured’s own property or property under control

or custody of the insured and/or for which the insured is responsible or

has instructions to insure.

LIMITS OF LIABILITY

Any one transit Kshs. _________________________

Annual Turnover Kshs. _________________________

GEOGRAPHICAL LIMITS

Anywhere in Kenya, Uganda, Tanzania, Rwanda, Southern Sudan, Burundi, DRC and/or Comesa countries.

EXCESS

Subject to excess 10% of each and every claim min . 10,000/=

SPECIAL CONDITIONS & CLAUSES

Þ      Theft, hold up & hijack (loss due to robbery) extension

Þ      Riot & strike, flood, storm, tempest, impact and allied perils.

Þ      Fire & explosion

Þ      Excluding Loss or damage due to delay, loss of market or any consequential loss

Þ      Excluding loss or damage arising from wear & tear, depreciation, gradual deterioration, moths insects, vermin damp, mildew, rust or any other inherent.

Þ      Excluding loss or damage to cash, bank notes, treasury, securities, stamps

Þ      Excluding defects in the goods insured

Þ      Excluding loss, destruction or damage as a result of confiscation by government or action of any lawful authority.

Þ      Malicious damage

BASIS OF SETTLEMENT

Replacement