Inland Transit Insurance
During the transportation of goods from one place to another by road, the vehicle carrying the vehicle overturns during the specified journey; fire explosion being an accident; collision with other external objects; It is a type of insurance that provides protection against loss and damage to goods due to natural disasters.
Owners of goods
Businessmen
Product manufacturers and distributors
Product Owner's Representatives
one journey
(The goods are protected from the place of origin to the place of destination.)
Security Deposit
The value of the goods transported (10% may be added to the value of the goods).
(a) Total Loss Protection
(Total Loss Only)
- Natural disaster or an invisible object and accident or fire. car accident Covers only for total damage to products due to overturning.
- Partial damage is not covered.
(b) Comprehensive Risk Protection
(All Risks)
(*Coverage only available with Myanmar Insurance)
- The widest range of insurance coverages and covers partial loss.
(A) Premium Rates
- (a) Total Loss Protection (Total Loss Only)
| General cargo | 0.14% |
| Fuel carrying | 0.28% |
| fragile items | 0.80% |
- (B) All Risks
| General cargo | 0.56% |
| fragile items, fertilizer | 0.80% |
Additional Premium
| War Risks | 0.05% |
| War Risks (for government business only) | 0.10% |
| SRCC (for government business only) | 0.06% |
It is a one-time payment of stamp duty along with premium.
(Kyat 10/- for every 100,000 Kyat insured)
Requirements to be insured
- (1) Name of product to be insured; quantity Weight
- (2) Product value (or warranty value)
- (3) Vehicle name (or vehicle type/number) to be carried
- (4) The area where the vehicle will depart from the area where the vehicle will arrive
- (5) Vehicle departure date
- (6) Product packaging
- (7) How to carry goods; Single (or allele) loading
- (8) Vehicle transfer and loading; Whether or not to stop on the road
- (9) Protection to be taken
- (10) Other content to be disclosed
- (11) Name and address of the insured
- (12) Submit a copy of the vehicle license and two (2) copies of the freight license along with the proposal.
Cases not covered for claim
- • Damages for Non-Conformity to the Terms
- • Damage caused by loading more than the specified weight
- • Damages that occur before departure and after arrival at the destination
- • Deterioration of the goods due to delay in the journey due to any reason and damages due to the intrinsic nature of the goods.
- • Absence and expiration of specified vehicle licenses and business licenses
Compensation claim plan
In case of compensation, please notify the Protect hotline no 09253388122 immediately.
If you protect, we will assist you in cases where an employee has to request compensation.
*We are always ready to serve you in order to provide convenience and peace of mind regarding insurance matters.*
#ကာကွယ်ပါနဲ့ ကာကွယ်လိုက်ပါ
Contact
-
No 13, Room (B-1), Ground Floor Lakeken Street, Pazundaung Township Yangon, Myanmar, PO-11171
- 09777884834
- info@karkwalpar.com
