Guard Your Goods on the Move: The Case for Goods in Transit Insurance
While many businesses focus on protecting their inventory in warehouses or production facilities, few realize that the most vulnerable moment for goods is when they’re on the road. From fender-benders and rollovers to cargo theft and flash floods, goods being transported domestically within Malaysia are constantly at risk.
Goods in Transit (GIT) Insurance is specifically designed to protect your company’s property while it’s on the move—be it by truck, van, rail, or ferry. Whether you’re delivering furniture from a warehouse to a showroom or shipping raw materials to a manufacturer, GIT insurance ensures your goods are financially protected from damage or loss during transport.
As local supply chains get faster and more complex, having the right coverage during delivery is no longer optional—it’s a business essential.
What Is Goods in Transit Insurance?
Goods in Transit Insurance covers your products against accidental damage, theft, or loss while being transported within Malaysia. It provides financial reimbursement when insured goods are damaged in a road accident, stolen during transit, or affected by unforeseen incidents such as fire or flooding.
What’s Covered?
- ✅ All-Risk Transit Protection
- ✅ Fire and Explosion
- ✅ Overturning or Collisions
- ✅ Theft or Armed Robbery
- ✅ Damage from Loading or Unloading
- ✅ Short-term Storage During Transit
Common Exclusions:
- Poor or improper packing
- Theft without physical evidence or late reporting
- Delays or consequential losses
- Livestock, perishables, currency, or legal documents
Who Should Buy Goods in Transit Insurance?
✔ Manufacturers transporting goods between plants
✔ Wholesalers and distributors moving stock to retail outlets
✔ E-commerce businesses handling their own deliveries
✔ Logistics and transportation companies
✔ SMEs with high-value mobile inventory
If you operate trucks, vans, or even contract logistics, this coverage is crucial.
Why Goods in Transit Insurance Matters for Malaysian Businesses
1. Protects Revenue
Prevents financial losses due to road mishaps or
2. Ensures Contract Fulfillment
Avoid penalties and disputes if deliveries are lost or delayed.
3. Improves Customer Trust
Shows clients you’re committed to secure and reliable delivery.
4. Mitigates Risk of Uninsured Transit
Many assume carriers have insurance— but it may not cover your goods.
5. Supports Business Continuity
Keeps your operations going even after an
Your goods don’t just need protection in storage—they need protection from point A to B. Let Goods in Transit Insurance give you the confidence to deliver without worry.
In A Nutshell
In a fast-moving supply chain, protecting your goods during transportation is just as important as securing them in storage. Goods in Transit Insurance offers peace of mind for local businesses, ensuring your shipments are covered against unexpected events like accidents, theft, and natural disasters. W
hether you run a manufacturing operation, manage a logistics fleet, or deliver directly to customers, this coverage is a critical part of your business continuity plan.
Don’t leave your cargo exposed—insure it every step of the way.
KH Chew is the Founder and Risk Advisor of Minaris, with over 30 years of experience in the insurance industry. He holds a Diploma in Insurance from the Malaysian Insurance Institute (MII), which laid the foundation for his in-depth expertise in property, financial lines, and other general insurance products. He is widely recognized for developing tailored insurance schemes for professionals and businesses across Malaysia. KH is also a passionate advocate for risk management and regularly advises clients and trade associations on comprehensive coverage strategies.