Duration Clause in Marine Inland Transit Insurance

Marine inland transit insurance plays a crucial role in protecting goods during transportation over land. It provides coverage against a wide range of risks that can occur during transit, such as theft, accidents, and natural disasters. One important aspect of marine inland transit policy is the inclusion of various clauses that determine the duration and extent of coverage.

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Scope and Purpose of Marine Inland Transit Policy

Marine inland transit policy is designed to provide coverage for goods being transported over land from one location to another. It bridges the gap between marine insurance (which covers goods during sea transportation) and property insurance (which covers goods at specific locations). This type of insurance is particularly important for companies involved in import and export activities, logistics, and supply chain management.

Duration Clauses in Marine Inland Transit Policy

Duration clauses determine the period during which the insurance coverage is effective. The duration of coverage can vary depending on the specific needs and requirements of the insured party. Some common duration clauses found in marine inland transit policy policies include the following.

  1. Voyage Policy

    A voyage policy provides coverage for a single transit from the point of origin to the final destination. Once the goods have arrived at their intended location, the coverage ceases. This type of policy is suitable for one-time or infrequent shipments.

  2. Open Policy

    An open policy provides coverage for multiple shipments within a specified period, typically one year. It eliminates the need to obtain individual policies for each transit. It also offers convenience and cost savings for frequent shippers.

  3. Specific Policy

    A specific policy provides coverage for a particular shipment or transit as defined by the insured party. This type of policy is often used when the value or risk associated with a particular shipment requires special attention.

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Application of Marine Inland Transit Policy Clauses

In addition to the duration clauses, marine inland transit policy policies also contain various clauses that determine the application and extent of coverage. These clauses include the following.

  1. All Risks Clause

    The all risks clause provides coverage for any loss or damage to the insured goods. It does not provide coverage for explicitly excluded perils. However, it offers broad coverage. In addition, it is considered the most comprehensive form of marine inland transit policy.

  2. Named Perils Clause

    The named perils clause provides coverage only for the risks specifically mentioned in the policy. The insured party is protected against the risks listed. However, any other perils not included in the policy are excluded from coverage.

  3. Institute Cargo Clauses (A, B, and C)

    The Institute Cargo Clauses (ICC) is standard clauses used in marine insurance policy. ICC (A) provides the widest coverage. ICC (B) offers coverage against specific named perils. ICC (C) provides coverage for a limited number of perils. These clauses are often incorporated into marine inland transit policy policies to define the scope of coverage.

Exclusions and Limitations

Marine inland transit policy also contains exclusions and limitations that define the circumstances under which coverage may be limited or denied. Common exclusions include losses due to delay, inherent vice, insufficient packaging, and inadequate documentation. It is crucial for the insured party to carefully review these exclusions. This will help to understand the extent of coverage and take necessary precautions to minimize risks.

Claims Process and Documentation

In the event of a loss or damage during transit, the insured party must follow the claims process outlined in the insurance policy. This typically involves notifying the insurance provider promptly, and providing detailed documentation of the loss or damage. It also includes cooperating with the insurer's investigation. It is essential to maintain accurate records of the condition of goods before, during, and after transit to support the claim.


Marine inland transit policy plays a vital role in protecting goods during land transportation. Understanding the duration and application of insurance clauses is crucial for both insurers and insured parties. By carefully reviewing the policy terms, exclusions, and limitations, the insured party can ensure of having adequate coverage for their goods while minimizing potential risks. It is advisable to consult with insurance professionals or brokers. This will help to determine the most appropriate policy and clauses based on the specific needs and nature of the goods being transported.

Written By: PolicyBazaar - Updated: 25 May 2023

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Policybazaar for Business - Marine Insurance - Customer Reviews
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3.8 April 20, 2023
Great Experience
I recently purchased Marine insurance from Policybazaar for my shipping business and I must say I am thoroughly impressed with their service and coverage. From start to finish, the experience has been smooth and hassle-free.Thankyou.
4.3 April 03, 2023
Provides Comprehensive Protection
When it comes to coverage, Marine insurance that i bought from PolicyBazaar has exceeded my expectations. It provides comprehensive protection for my cargo and vessels during transit, ensuring I can focus on my business operations with peace of mind. Thankyou.
4.3 March 17, 2023
Excellent Services
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4.3 February 28, 2023
User Friendly Interface
The website's user-friendly interface made it easy to compare different plans and find the perfect fit for my business needs.Thanks
4.3 February 11, 2023
Prompt Services
I appreciate the transparency and honesty with which Policybazaar handled my claims. They were prompt in processing my claim and their claim settlement process was hassle-free.Thanks PolicyBazaar.
3.8 February 10, 2023
Exceeds Expectations
I recently had the pleasure of purchsing marine insurance from Policy bazaar website and I must say it has been an outstnding experience from start to finish. I am thrilled to share my positive customer review, as this truly exceeded my expectations. Thanks PB.
3.8 January 31, 2023
Easy Navigation
The ease of navigating the Policy bazaar website and finding the right marine insurance policy was impressive. The website's user-friendly interface and intuitive design made it incredibly simple to compare various options, understand the coverage details and make an informed decision. I appreciated the transparency provided throughout the process. Thanks.
3.8 January 21, 2023
Excellent Support
The customer service provided by Policy bazaar was decent. Their team was responsive, knowledgeable and went above and beyond to assist me at every step. Their professionalism and commitment to customer satisfaction were truly commendable.Thankyou.
4.3 January 11, 2023
Sanjeev Rathor
Efficient Process
When it came to claims processing, Policy bazaar demonstrated remarkable eficiency and effectivenes. I had an unfortunate incident during the coverage period and filing a claim was a breeze. The entire process was streamlined and their team guided me throuugh every necssary step, making it hassle-free. The promptness with which my claim was setled reflected their commitment to their customers' well-being and peace of mind. Thankyou.
3.8 January 01, 2023
Comprehensive Coverage
I must mention the comprehensive coverage provided by the marine insurance policy I purchasd through Policy bazaar. It offered me the necesary protection and peace of mind. Thankyou PolicyBazaar.