Inland Transit

This class of insurance is to be written under the Marine portfolio and it is applicable to those transit risks of goods on a lorry, train, or any other conveyance licensed to carry goods.

Our approach to underwriting this class is on an accommodation basis, ie this class of insurance will only be accepted provided the other classes of business relating to the same risk are placed with the Company or there is potential for other acceptable business. 

1. Pengenalan

insurans kelas Ini akan ditulis di bawah portfolio Marine dan ia disediakan keatas risiko jenis transit barangan pada lori, kereta api, atau mana-mana kenderaan lain yang dilesenkan untuk membawa barang-barang.

Pendekatan kami untuk mengunderait kelas ini adalah berdasarkan penginapan, iaitu kelas insurans ini hanya akan sedia diterima jika kelas perniagaan lain yang berkaitan dengan risiko yang sama diletakkan dengan Syarikat atau terdapat potensi untuk perniagaan lain yang boleh diterima. 

There are two types of cover afforded under this class:

a) Inland Transit (AIl Risks) Clause

Covering against all risk of loss and/ or damage to the insured goods whilst in transit by road and/or rail. The exclusion is a delay, inherent vice, mechanical derangement, war and strikes, riot, and civil commotion.

b) Inland Transport Clause (Lorry Clause)

Covering against loss and/or damage to the Insured's goods whilst in transit by road/rail caused by fIre, lighning, breakdown of bridges, collision, overturning, or derailment. Loss as a result of theft is not covered under this clause. 

2. Skop Perlindungan

Terdapat dua jenis perlindungan yang diberikan di bawah kelas ini:

a) Transit dalam negeri (Fasal Semua Risiko)

Perlindungan terhadap semua risiko kerosakan dan/ atau kerugian kepada barang-barang yang diinsuranskan semasa dalam transit melalui jalan raya dan / atau kereta api. Pengecualian adalah kelewatan, nait wujud, kekalutan mekanikal, peperangan dan mogok, rusuhan dan kekecohan awam.

b) Fasal Pengangkutan dalam Negeri (Fasal Lori)

Melindungi terhadap kerugian dan / atau kerosakan kepada barangan Diinsuranskan semasa dalam transit oleh jalanraya / keretapi yang disebabkan oleh kebakaran, petir, pecahan jambatan, perlanggaran, terbalik, atau kegelinciran. Kerugian akibat kecurian tidak dilindungi di bawah fasal ini. 

Hazard Category

Low Hazard

Agricutural produces such as palm oil, rubber etc

Boat/Yacht

Books & Megazines

Cars/ Vehicles

Coal and Coke

Machinery

Plastic Goods

Medium Hazard

Battery

Biscuits/Confectionery

Carpets & Rugs

Cement Clay

Products Clothing & Textiles

Coffee

Copper & Brass Materials

Cosmetic & Perfumes Cutlery

Fertiliser

Fishing Equipment

Frozen Foods

Fruits and Vegetable. Furs

Furnitures

Gases

Hardware/ building materials

Leather Goods

Marbles

Musical Instruments

Optical items/ instruments

Office Equipment

Papers

Personal Effects

Scientific Instruments/ equipment

Scrap Metal

Shoes

Stationery

Sundry goods

Tin Ingots

Toys

Cables

Cameras

Canned goods Cigarettes

Chemicals Computers

Electronic/Electrical Appliance Glass

High Hazard

Liquor/ Wine

Milk Powder

Mobile Phones Motor Vehicles spare parts, Accessories

Pens

Tyres

Watches/clocks

Zinc & Aluminium Ingots

Any other goods of high value and easily disposable

Referred Risk (Acceptance of such risk is to be referred to Business Development or Branch Head)

a) Cement

b) Copper wire

c) Cosmetics/perfumes

d) Electrical goods and electronic appliances  (computers, medical 

    equipment etc)

e) Herbs and medicines

1) Inland transit risks where the imported consignment in respect of 

    the ocean voyage is not insured with the Company

g) Optical equipment/lenses

h) Photographic equipment/material

i) Sawn timber and plywood

j) Transport companies/freight forwarders

k) Used plant machinery equipment

a) Antiques. curios, works of art

b) Animals, birds and reptiles

c) Bulk cargo like oil, coke, coal, fertilisers, ores, pig iron scrap etc.

d) Cigarettes

e) Electronic/Computer Chips

f) Explosive, potentially explosive, poisonous, inflammable cargoes

g) Glass,glassware,chinaware,tiles and other breakable/fragile goods

h) Gold, silver and precious metals

i) Livestock

j) Perishable goods (fruits, vegetables, meat and fish)

k) Towingrisks-SingleTow

I) Watches

m) Wines, liquor and spirits 

a) Bloodstock

b) Rejection Risk

c) Containers written as such

d) Stock through-put

e) Jeweler's Block

f) Isolated warehouse or storage risks written as such

g) Business InterruptioniConsequentialloss

h) Contingency Risks

i) Confiscation Risks

j) Advance Loss ofProfit

k) Fishmeal

I) Cargo carried by :

i) Wooden vessels older than 15 years and below 100 GRT.

ii) Motorised wooden sailing boat/vessel (PLM/KLM).

iii) Iron/Steel vessel older than 30 years

m) Marine liability

n) Fumigation risk written as such

o) Insurance of Cargo transported on pontoons or barges on conditions wider than standard London Institute Clauses

1. Pursuant to Paragraph 4(1) of Schedule 9 of the Financial Services Act 2013, if You are applying for this Insurance for a purpose related to Your trade, business or profession, You have a duty to disclose any matter that You know to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied and any matter a reasonable person in the circumstances could be expected to know to be relevant, otherwise it may result in avoidance of Your contract of insurance, refusal or reduction of Your claim(s), change of terms or termination of Your contract of insurance. The above duty of disclosure shall continue until the time Your contract of insurance is entered into, varied or renewed with Us. You also have a duty to tell Us immediately if at any time after Your contract of insurance has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when You applied for this insurance) is inaccurate or has changed. 

2. Your attention is drawn to the 60 days premium warranty attached to the Policy. 

3. The personal data submitted by and collected from You may be used by Us and/or any company within the The Insurer Group of companies and/or any of its associated companies, within or outside Malaysia, for administration or direct marketing purposes and in this connection, We may transfer or disclose that information to any of those other companies. We will cease to use the Personal Data for direct marketing purposes if You request Us to do so. For further details, please refer to Our “Data Privacy Notice” stipulated in Our website. 

4. By this warranty, the insurance Policy is automatically cancelled unless the full premium is paid to the insurer within 60 days from the commencement date of cover. Please note that if this insurance is transacted through Your insurance broker, the broker is acting on Your behalf for the purpose of formation of this contract of insurance. It is important that You make full payment of the premium to Your broker as soon as possible and in any case within the 60 days period of the premium warranty so as to enable Your broker to remit the premiums early to Your insurer. You are advised to request Your broker to furnish You with the broker’s and insurer’s receipt on the premium that You paid. 

5. Premium charged for this Policy exclude applicable tax(es) that would be imposed in the future and from time to time, We will be entitled to recover from You any taxes that We are required by law to collect. SPECIAL NOTIFICATION: The Proposer is hereby notified that the Company has appointed Intermediaries/Representatives who have the authority to solicit or negotiate Contracts of Insurance on behalf of the Company. All authorised Intermediaries/Representatives are issued with authorisation cards. 

(This is an indication as the quotation deflects the current underwriting risk/ claims scenario.

Refer to the page below:-  VVVVVVVVVVVVV