Parcel Guard

Most people move goods to different destinations for business or private reasons. Some use owned vehicles, others use Commercial Transporters/Drivers while others patronize Courier Companies.

Some of these goods/parcels can be damaged or lost while being transported due to accident, armed robbery, storm or flood.

The unfortunate thing is that most people do not recover the value of their goods or get any form level of compensation if lost or damaged in while in transit. But with this product – Parcel Guard – you will loose nothing.

This product Parcel Guard is a single-transit insurance cover for goods/parcels.

It is designed for individuals, corporate organisations, courier companies, dispatch riders and transport operators.

Goods covered

  • Domestic appliances & utensils
  • General merchandise
  • Tools and equipment
  • Home & Office Furniture
  • Clothing, Fashion & Textiles materials/accessories
  • Canned/packaged/bagged foods
  • Computer & electronic appliances
  • Building materials excluding tiles and ceramic ware

Goods/Items NOT Covered

  • Gas cylinders
  • Chemicals
  • Explosive materials
  • Ceramic tiles
  • Glass ware
  • Letters, cheques, bank drafts, stamps
  • Jewelry
  • Artwork
  • Perishable goods
Value of the Goods/Parcel to be Transported Premium Amount
10,000 – 100,000 500
100,001 – 200,000 1000
200,001 – 300,000 1500
300,001 – 400,000 2000
400,001 – 500,000 2500
500,001 – 600,000 3000
600,001 – 700,000 3500
700,001 – 800,000 4000
800,001 – 900,000 4500
900,001 – 1,000,000 4800
1,000,001 – 1,100,000 4950
1,100,001 – 1,200,000 5400
1,200,001 – 1,300,000 5850
1,300,001 – 1,400,000 6300
1,400,001 – 1,500,000 6750
Above 1,500,000 0.4% of Value