Product Update

Trip Transit Coverage Discussion Updated in Commercial Property Insurance


This Commercial Property Insurance release updates the discussion of trip transit policies: transportation policies that provide coverage only for the particular shipments of goods that are described in the policy declarations. Most are issued to cover a single shipment, but they can be used to cover multiple shipments, as long as the particulars of each shipment can be ascertained far enough in advance for scheduled coverage to be appropriate. They can cover shipment via carrier for hire or on the insured's vehicles.

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