Insurance for the Businessman -Goods in transit

A typical policy covers loss or damage from the time goods are loaded onto a vehicle until they are completely unloaded at their destination, or, in the case of postal packages, from the time of dispatch until they are delivered. Thus you need a ' goods in transit' policy where you send any of your products away from your premises'.

You can insure a single load for a single journey, or you may prefer an annual policy for regular deliveries. Als0, you can either insure a specific amount or you can arrange to cover all goods which you may send during the term of the policy. If you choose the latter option, your initial premium is based on an estimated sum insured. It is adjusted every month (or quarter), when you are required to declare the total value of the goods dispatched during this period.

The cost of a ' goods in transit' policy depends on the value of the goods which are being carried, the vehicles used, the type of business you have and the area in which you operate. Usually you yourself have to pay a proportion of every claim.

The exact amount varies between 49 and 430 for various insurers, so consider these excesses when comparing premium rates. In the long run you may be better off buying a policy from an insurance company which charges a slightly higher premium but pays more of your claim in return.


Goods in transit

Payroll Giving
It’s all very easy to organise.
Just ask the Personnel or the Payroll Department at your company and, if they already have a scheme, they will give you the relevant forms.  HM Revenue & Customs’ website has a list of Payroll Giving agencies and explains payroll giving in more detail.

Salon Gold Insurance

Cheaper Insurance for Salons, Freelance Hair and Beauty, and Mobile Businesses - click here

read on: Insurance for the Businessman - fraud

A typical policy covers loss or damage from the time goods are loaded onto a vehicle until they are completely unloaded at their destination, or, in the case of postal packages, from the time of dispatch until they are delivered. Thus you need a ' goods in transit' policy where you send any of your products away from your premises'.

You can insure a single load for a single journey, or you may prefer an annual policy for regular deliveries. Als0, you can either insure a specific amount or you can arrange to cover all goods which you may send during the term of the policy. If you choose... see: Insurance for the Businessman - fraud