Inland Goods in Transit (GIT) Insurance Malaysia
While Marine Cargo covers international sea and air movements, Goods in Transit (GIT) is tailored for domestic inland distribution across Peninsular and East Malaysia. It protects manufacturers, distributors, and logistics fleets moving cargo between ports, central warehouses, and retail buyers.
Own Vehicles vs Haulier Fleet Underwriting
Policies can be structured based on specific vehicle registration numbers (for company-owned lorries) or on an annual estimated carrying turnover basis when utilizing third-party transport contractors.
Coverage & Technical Matrix
| Coverage Component / Parameter | Status / Basis | Underwriting Notes |
|---|---|---|
| Fire, Collision & Overturning | Base Wording | Covers damage to cargo during road accidents |
| Theft & Armed Hijacking | Covered | Subject to locked vehicle and attended-vehicle warranties |
| Loading & Unloading Risks | Optional Extension | Covers accidental drops during forklift or crane handling |
| Tarpaulin & Weather Damage | Configurable | Requires enclosed box trucks or compliant canvas protection |
Standard Policy Exclusions
- Theft from an unattended vehicle left unlocked or parked outside secured compounds overnight
- Consequential market loss or penalty clauses due to late delivery
- Cash, bullion, jewelry, or negotiable instruments (insurable under Money Insurance)
- Leakage or spilling unless directly caused by vehicle collision or overturning
Underwriting & Quotation Requirements
- Commodity type and sensitivity (chilled food, electronics, steel, FMCG)
- Maximum Limit of Liability required per vehicle/trip and annual aggregate limit
- List of lorry registration numbers (if own fleet) or annual haulage expenditure
- Security protocols: GPS fleet telematics, dual-driver SOPs, and overnight parking security
Frequently Asked Technical Questions
Does our lorry Commercial Motor policy cover the customer goods inside the truck?
No. A Commercial Motor policy only covers damage to the lorry itself and third-party road users. The cargo carried inside the truck requires a separate Goods in Transit (GIT) or Carrier Liability policy.
Are we covered during loading and unloading at the warehouse dock?
Standard GIT wordings begin once goods are loaded and end prior to unloading. Always request the Loading and Unloading Extension so forklift drops and tail-lift accidents are covered.
Key Underwriting Clauses Defined
Right of Subrogation
The legal right of an insurer, after paying a claim to the policyholder, to step into the policyholder shoes and pursue recovery from the negligent third party who caused the loss.