If your business has to move stock either within the UK, or export products abroad it is important that you have sufficient insurance cover in place to replace goods that may be lost or damaged whilst in transit. Where a carrier is at fault, some haulage or freight association members may provide a compensation scheme. However, the maximum reimbursement levels are often woefully inadequate to cover the value of your products (liability is limited by weight and can be as little as £1.30 per kilo) and even where a haulier has insurance, it is intended to protect the carrier, leaving your business to bear the financial loss. Is this a risk you can afford to take? Your own specialist marine transit insurance policy can be tailored to your requirements and will ensure you have all the necessary protection in place, so whether a carrier is at fault or not, you know you will be compensated for any insurable loss or damage, protecting your business and your profitability. Benefits of Marine Transit Insurance can include:
RMK also has access to a market leading marine transit insurance wording which can also cover:
