Cover your shipments with comprehensive and affordable insurance solutions
From warehouses to last-mile delivery, shield your cargo against all risks with our inclusive insurance package.
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Insurance Policies to Cover Your Logistics Business
Ensure a seamless shipment with comprehensive insurance for your logistics
Insurance designed for logistics companies that need seamless logistics movement across the globe. Let’s keep your shipments risk-free.
What Are The Risks Faced By Logistics Businesses
Highway Cargo Heist
A major logistics firm faces claims after armed thefts on highway routes left clients demanding compensation for stolen goods.
Port Damage Dispute
Exporters have filed lawsuits against a shipping company after containers were damaged during handling at a leading Indian port.
Lost Shipment Row
An apparel exporter dragged its logistics partner to court over missing consignments, citing heavy financial losses and breach of contract.
Insured Professionals: Who's Covered?
Directors and shareholders
Customers
Assets
Warehouses
Inclusions
Cargo Damage
Marine insurance covers physical loss or damage to cargo during transit, including goods in transit insurance in India.
Warehouse Stock Protection
Stock insurance for warehouses protects against loss or damage to inventory stored in warehouses.
Transit Coverage
Inland transit insurance in India covers goods during domestic transportation by road, rail, or air.
Workforce Protection
Offers coverage for health related emergencies to employees under Group Medical Coverage (GMC).
Exclusions
Intentional Damage
Does not cover damages caused intentionally by the insured.
Prior Knowledge
Does not cover claims arising from circumstances that were known or should have been known prior to the policy inception date.
Non-Compliance
Excludes claims arising from non-compliance with legal or regulatory requirements.
Wear and Tear
Does not cover normal wear and tear of equipment and machinery.
War and Terrorism
Excludes damages resulting from acts of war or terrorism.
How is Logistics Covered with Insurance?
In 2020, a logistics company in India faced a significant financial setback when a shipment of high-value electronics was damaged during transit. The goods were being transported from a warehouse in Mumbai to a retailer in Delhi. During the journey, the truck encountered severe weather conditions, leading to water damage and rendering the electronics unsellable. With e-commerce shipping insurance, logistics companies can easily mitigate the financial impact of this disaster.
Secure your Logistics Business Today
Covrzy’s Warehouse Insurance for logistics companies is here to safeguard your business in minutes. Connect with a Covrzy expert to craft your perfect insurance plan.
Frequently Asked Questions
What types of insurance solutions are available for logistics businesses in India?
Covrzy provides comprehensive coverage including goods in transit insurance, inland transit insurance and warehouse insurance.
Does Covrzy offer stock insurance for warehouses?
What's the difference between Marine Insurance and Inland Transit Insurance in India?
Do you have more questions?
Contact us for any queries related to business insurance, coverages, plans and policies. Our insurance experts will assist you.
From Warehouse to Destination, We've Got You Covered
Protect your shipments with inclusive coverage. Book your quote
