Marine Transit Insurance
Cover is provided for inland transit and/or overseas transit.
From ports and/or places worldwide to ports and/or places Australia wide and vice versa; excluding shipments to or from:
- Democratic Republic of Congo
- Ivory Coast
- Myanmar (Burma)
- North Korea
- Sierra Leone
Transit within the territorial limits of Australia subject to conditions of the policy.
When goods are purchased by the University on FOB and C&F or similar terms, title of the goods passes to the insured, the risk shall commence from the time of leaving the suppliers premises.