ABOUT THIS POLICY
This Policy is designed to cover the Insured against loss or damage to goods by fire, accident, theft or pilferage while being loaded on, carried by, or unloaded from the motor vehicles and their trailers and while being temporarily garage during transit anywhere within territorial limits.
Policies fall into two categories: –
- on goods on insured’s own vehicle, with a sum insured for each vehicle.
- on all goods despatched by the Insured, by own vehicles, by road haulier.
The appropriate proposal form must be fully completed and sent to the Company for acceptance and rating.
FIRE, THEFT OR ACCIDENTAL MEANS:
- Whilst in transit by road or rail and whilst housed in the ordinary course of transit.
- The Policy covers property carried by specified vehicle with a stated sum insured being agreed as maximum value of load carried on each vehicle.
- Terms which vary according to the individual circumstances of the risk will be quoted on receipt of a completed proposal form. Full details of the policy will be supplied upon request.
The benefit(s) payable under eligible certificate/policy/product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact The Pacific Insurance Berhad or PIDM (visit www.pidm.gov.my).
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