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

Last modified 1yr ago