Parcel Guard Insurance

The Parcel Guard Insurance plan is a single transit cover for goods or parcels. It is designed to protect owners of goods or parcels against loss or damage to their goods/parcels by reinstating, replacing or repairing the goods in event of a loss or damage in a single transit.

Who should purchase this plan?

1. Individuals

2. Corporate organizations

3. Courier companies

4. Dispatch riders

5. Transport operators.

Scope of Cover - Goods/Parcels

• Domestic appliances & utensils

• General merchandise

• Tools and equipment

• Home & Office Furniture

• Clothing, Fashion & Textiles materials/accessories

• Canned/packaged/bagged foods

• Computer & electronic appliances

• Building materials excluding tiles and ceramic ware

Out of Scope - Goods/Parcels

• Gas cylinders

• Chemicals

• Explosive materials

• Ceramic tiles

• Glass ware

• Letters, cheques, bank drafts, stamps

• Jewelry

• Art work

• Perishable goods

Scope of Cover - Risks

• Accident to the vehicle

• Collision and overturning of the vehicle

• Fire

• Explosion

• Burglary and theft

• Windstorm

• Flood

Out of Scope - Risks

• War, riot, strike, civil commotion, insurgency

• Pilferage

• Deliberate/malicious/mischievous acts of the driver or the insured their staff

• Shortages

• Credit cards, debit cards, ATM cards, ID cards

• Seizure or forfeiture by government agency