Marine transit insurance policy online certainly plays a very significant role by covering the damage or loss to the policyholder’s goods like different machineries, raw materials etc. during the transit as per the contract. Inland transit insurance policy basically offers coverage for goods which are being transported domestically in general. There are a number of things that must be kept in mind in terms of inland transit insurance policy online.
Marine transit insurance plans come with wide-ranging risks coverage.
Inland transit insurance policies are categorized under marine insurance.
Transit insurance coverage is only offered for goods that are being transported domestically.
The premium on transit insurance in India is generally calculated on the basis of the types of goods that are being carried.