Commercial Insurance

Single Transit Marine Insurance

SingleTransitMarineInsurance

Key Features

Ensuring Safe and Secure Transit for Your Goods, Every Step of the Way

Coverage Highlights

Get comprehensive coverage for the transit of your goods
  • Single Journey Coverage

Provides coverage for goods during a single journey from one place to another ensuring protection for that specific trip

  • Coverage Against Perils

Safeguards cargo against losses during transit with (a) basic coverage of 8 maritime perils, (b) extended coverage of 12 perils, and (c) the widest coverage of 18 perils, supplemented with optional add-ons

  • Multi-Modal Transport Protection

Covers goods transported via sea, air, rail, or road, ensuring end-to-end security

  • Flexible Policy Duration

Provides coverage for a single trip, making it ideal for businesses that require one-time transit protection without long-term commitments

Inclusions

What’s covered?
  • Transit Coverage

Provides financial protection for goods during a single journey from origin to destination

  • Multi-Mode Transport Protection

Covers cargo transported via road, rail, air, or sea, ensuring flexibility.

  • Natural Calamities

Protects against losses due to storms, floods, earthquakes, and other natural disasters

  • Accidental Damages

Covers damage due to collision, overturning, fire, explosion, or derailment

  • Loading & Unloading Risks

Includes coverage for damages that occur while loading or unloading cargo

  • Note

Please refer to policy wordings for detailed list of inclusions

Exclusions

What’s not covered?
  • Ordinary Wear and Tear

Natural deterioration of goods over time is not covered under the policy

  • Insufficient or Unsuitable Packaging or Preparation

Losses due to improper packaging or inadequate preparation are excluded

  • Delays

Any financial loss or damage caused due to transit delays is not covered

  • Wilful Misconduct of the Insured

Any loss resulting from intentional acts by the insured is not claimable

  • Inherent Vice

Losses due to the natural characteristics or deterioration of goods are not covered

  • Note

Please refer to policy wordings for detailed list of exclusions

Benefits For You

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Simple & Easy process

Get policy details and pricing in minutes.

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Avail digital discounts

Secure transactions with instant confirmations.

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Lower premium

Manage policies easily through online portals.

At-A-Glance

Find the best coverage options side by side, tailored to your needs.

Feature
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Marine Open Insurance

Single Transit Insurance

Covers Multiple Shipments ✓ (Covers all shipments in a single policy)) ✗ (Covers only one specific shipment)
Covers Domestic & International
Covers Damage to Cargo in Transit
Covers Loss Due to Theft
Covers Fire & Explosion
Covers Natural Disasters
Covers Sinking, Collision etc.
Covers War & Strikes ✓ (Add-On) ✓ (Add-On)
Covers Delay or Spoilage of Goods ✓ (Optional)
Covers Warehouse Storage ✓ (Limited Duration)

Download Policy Document

Get instant access to your policy details with a single click.

Trusted Risk Advisor

Mobile Self Risk Assessment

PRIME Inspection app helps to evaluate quality of your property (Shop, Office, Plant or Others) having SI upto INR 50 crs. It is simple to navigate having multiple Q & A designed for client

Instant Generation of Risk Report

It helps Provide Risk Recommendations, Risk Quality Rating (RQR), Peer Comparison & GAP Analysis for the client

Step-by-Step Guide

To help you navigate your insurance journey

How to Buy

  • 0

    Visit the Bajaj Allianz General Insurance website

  • 1

    Fill in the lead generation form with accurate details

  • 2

    Get quote, make payment and receive the policy documents

How to Renew

  • 0

    Contact the Policy Issuing Office

  • 1

    Review expiring policy and share necessary details

  • 2

    Receive renewal quote

  • 3

    Make renewal payment

  • 4

    Receive the renewed policy documents via email

How to Claim

  • 0

    Contact us through our customer service touchpoints

  • 1

    Submit the claim form along with the necessary documents

  • 2

    Provide details of the incident and any supporting evidence

  • 3

    Cooperate with the claims investigation process

  • 4

    Receive the claim settlement as per the policy terms

Know More

  • 0

    For any further queries, please reach out to us

  • 1

    Phone +91 020 66026666

  • 2

    Fax +91 020 66026667

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Understanding Marine Insurance

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Turn the Tide Against Marine Pollution

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Understanding Marine Insurance

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Customer Experience with Marine Insurance

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What Our Customers Say

Affordable & Customisable Plans

Bajaj Allianz offers the best Marine Insurance at competitive rates. Their flexible coverage options allowed me to customise my policy as per my business needs. Great value for money!

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Riya Sharma

Uttar Pradesh

5

12th Dec 2024

Fast & Efficient Claim Settlement

When my shipment was damaged during transit, Bajaj Allianz processed my claim quickly. The support team was professional and guided me throughout, making the process stress-free. Excellent service!

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Plaash Jain

Gujarat

4.9

18th Jan 2025

Comprehensive Coverage for My Business

Bajaj Allianz Marine Insurance provides extensive coverage against various transit risks. I feel secure knowing my goods are protected, whether transported by road, air, or sea. Excellent policy!

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Veni Kapoor

Veni Kapoor

4.7

5th Jun 2025

Hassle-Free Marine Insurance Purchase

Getting my Marine Transit Insurance from Bajaj Allianz was a smooth experience. The online process was straightforward, and I received my policy instantly without any complications. Highly recommended 

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Mahesh Garg

Rajasthan

4.9

28th Dec 2024

Affordable & Flexible Property Insurance Plans

Bajaj Allianz offers budget-friendly Commercial Property Insurance with customisable coverage options. Their policy covers all essential risks, making it a great investment for businesses.

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Anita Sharma

Karnataka

5

12th Dec 2024

FAQ's

What is covered under Single Transit Insurance?

Single Transit Insurance offers one-time coverage for goods transported from one place to another. It protects against loss or damage caused by accidents, theft, fire, and natural disasters during transit. Whether you are a business shipping products or an individual relocating belongings, this policy ensures financial security.

Is Single Transit Insurance applicable for all types of transport?

Yes, it covers goods transported via road, rail, air, or sea. The policy offers flexibility to include specific transit routes and cargo types, ensuring protection against unforeseen damages. Whether shipping industrial equipment, fragile items, or general goods, this insurance helps mitigate financial risks associated with transit.

Can individuals purchase Single Transit Insurance for personal goods?

Yes, individuals can purchase this policy to safeguard personal belongings during transport. Whether you are relocating household goods, sending valuable shipments, or moving expensive equipment, Single Transit Insurance provides financial protection against transit-related damages. It ensures peace of mind by covering loss during transportation.

What factors determine the premium for Single Transit Insurance?

The premium depends on multiple factors, including cargo value, type of goods, transportation mode, and distance. Fragile or high-risk items may increase the premium. Additional considerations include packaging quality and transit route risks. Businesses and individuals can opt for specific add-ons to enhance coverage, ensuring financial security.

How do I claim Single Transit Insurance in case of damage?

To file a claim, inform the insurer immediately and submit necessary documents like the invoice, bill of lading, and damage report. The insurer will assess the claim, survey if required, and process compensation based on policy terms. Quick reporting and proper documentation ensure a smoother claim settlement process for financial recovery.

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Why is medical insurance necessary for your health?

Medical insurance provides financial protection against unexpected medical expenses, ensuring access to quality healthcare without depleting your savings.

How many dependent members can I add to my family health insurance pla

You can add your spouse, children, parents, and other dependents as per the policy terms, ensuring comprehensive family coverage.

Why should you compare health insurance plans online?

Online comparison helps you find the best plan that suits your needs and budget, offering a clear understanding of coverage and benefits.

Why should you never delay the health insurance premium?

Delaying premiums can result in policy lapse, losing coverage benefits and financial protection, and may lead to difficulties in renewing the policy.

How to get a physical copy of your Bajaj Allianz General Insurance Com

Request a physical copy from the insurer or take a printout of the digital policy document received via email.

Is there a time limit to claim health cover plans?

Claims should be made within the stipulated time as per the policy terms to avoid rejection and ensure timely processing.

What exactly are pre-existing conditions in an Individual Health Insur

Pre-existing conditions are medical conditions you had before buying your Individual Health Insurance plan. Coverage for these might require waiting periods or exclusions. Be transparent about your health history.

How is the insurer going to pay my hospital bills?

Insurers cover hospital bills through reimbursement (you pay upfront and get reimbursed later) or cashless hospitalisation (insurer settles bills directly with network hospitals).

Are there any tax advantages to purchasing Individual Health Insurance

Individual Health Insurance premiums often qualify for tax deductions under Section 80D of the Income Tax Act (India).

Why should I need Personal Medical Insurance?

Personal medical insurance offers financial protection against unexpected medical expenses due to illness, accidents, or hospitalisation. It provides peace of mind and safeguards your savings.

How do I go about renewing health insurance plans?

Don’t stress the small things in life! The easiest and quickest way to renew your life insurance policy is by doing it online. Topping up your health cover gives you freedom from worrying about heavy medical expenses.

How is the health insurance renewal premium calculated?

We know that reading through the ponderous terms and conditions section of a health insurance policy isn’t always easy. So, here is the quick answer. Your renewal premium is calculated based on your age and coverage. As always, you can put the power of compounding to good use by investing in health insurance as early as possible.

Can I renew my expired health insurance policy?

Yes, of course. Life can get really busy and even things as important as renewing your health insurance plan can get side-lined. With Bajaj Allianz, we turn back the clock to give a grace period where you can renew your expired policy. For 30 days from the expiry date, you can still renew your health cover with ease. Now, you can run the race at yo

Can I renew health insurance online?

Absolutely! All you have to do to renew your health insurance is click or tap a few times! You can definitely renew health insurance policies online and also buy new policy for your family & friends click here to know more.

Will I be able to transfer my health insurance policy from another pro

Yes, as per IRDAI regulations, insurance portability between providers is allowed. This also includes transfer of benefits like Cumulative Bonus and credits relating to waiting period for pre-existing diseases.

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