We cover damage to cargo caused by fire, explosion or accident to the carrying vehicle, arising out of negligence of the insured and/or servants. The owner of the vehicle ( Insured ) is legally liable for such loss/damage. Such loss/damage to cargo is not covered under Motor insurance.
Transportation of general cargo like foodstuff, chemicals, and other products is a responsibility that involves enormous risk. This policy protects the organization involved in the transportation of goods belonging to others. This policy also indemnify the insured against all sums that a carrier or bailee is legally liable to pay in respect of :
late delivery in respect of any transit.