Who should Purchase a Single Transit Policy?
Small to Medium Businesses
SMEs that do not have a consistent stream of shipments throughout the year may find Single Transit Policies more suitable, as they offer coverage on a per-shipment basis.
Individuals or businesses that only occasionally engage in shipping goods, such as antique dealers participating in international auctions or individuals relocating abroad, can benefit from the flexibility of a Single Transit Insurance
Shipments carrying valuable goods, such as electronics, artwork, or luxury products, can benefit from the tailored coverage that a sole Transit Insurance provides.
A sole Transit policy in marine insurance offers a focused and adaptable solution for safeguarding individual shipments during transit. Its tailored coverage, flexibility, and cost-effectiveness make it a suitable choice for businesses and individuals engaging in occasional shipping activities or dealing with high-value cargo. By understanding the unique benefits of a Sole Transit policy, potential insurance holders can make informed decisions to mitigate risks and ensure the safe delivery of their goods across oceans and continents.