Marine & Goods In Transit (GIT) Insurance

Marine or Goods in Transit (GIT) insurance plays a crucial role in the world of freight forwarding, providing an indispensable safety net for goods as they navigate the globe. For BDL, a leading freight forwarder, offering to provide these insurance services to customers is not just about risk mitigation, it's about providing comprehensive, end-to-end solutions that ensure customer peace of mind.

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and final destination. The perils covered by marine insurance are vast, ranging from theft and piracy to fire, explosion, and natural disasters.

GIT insurance provides protection for goods transported over land. Although the conditions of carriage for individual shipping lines, airlines, or carriers often include some kind of coverage, it's usually quite limited. Marine or GIT insurance fills in those gaps, ensuring that businesses aren't left exposed to risks that could result in significant financial losses.

As a responsible and professional freight forwarder, BDL's role extends beyond simply arranging for the transportation of goods. It's also about ensuring those goods are adequately protected throughout their journey. Offering marine or GIT insurance services is an essential part of fulfilling this role. Not only does it protect the financial interests of our customers, but it also helps to build trust and confidence in our services.

The importance of marine or GIT insurance in the freight forwarding industry cannot be overstated. For BDL, offering these services is part of our commitment to providing comprehensive logistics solutions that meet the needs of our customers. With the unpredictable nature of transportation and the potential for unforeseen incidents, having adequate insurance coverage is not just a recommendation, it's a necessity. By making provision for and offering insurance services, BDL ensures peace of mind for our customers, knowing that their goods are protected every step of the way.

How can BDL’s insurance services support my business operations?
By offering comprehensive insurance options, BDL helps businesses minimise financial risks and maintain operational continuity, even when unforeseen incidents occur. Our focus on providing end-to-end logistics solutions, including insurance, means you can concentrate on growing your business while we take care of protecting your shipments.
What is the difference between Marine insurance and GIT insurance?
Marine insurance covers goods transported over water, including any associated handling at terminals, whereas Goods in Transit (GIT) insurance protects items being moved over land. Both are crucial depending on your supply chain route, and BDL offers access to both types of cover so you can be confident your cargo is safeguarded at every stage of its journe
Why is Marine and Goods in Transit (GIT) insurance necessary for my shipments?
While carriers may offer some limited liability, it often doesn’t cover the full value of your goods or all potential risks. BDL’s Marine and GIT insurance ensures that your cargo is protected against a wide range of perils, including theft, fire, natural disasters, and even piracy. Having the right insurance gives you peace of mind and protects your financial interests should anything unexpected happen during transit.
Is marine insurance required for international shipping?
While not legally required, marine insurance is highly recommended for international shipping to safeguard your cargo against potential risks.
What does goods in transit insurance cover?
This insurance typically covers loss or damage due to theft, fire, accidents, and handling issues during transportation. Coverage can be tailored to suit specific risks and shipment types.
What is marine and goods in transit insurance?
Marine and goods in transit insurance provides financial protection for cargo against loss, damage, or theft while being transported by sea, air, or road.

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