What type of inland marine policy would be suitable for covering shipments in a single trip?

A Trip Transit Policy is specifically designed to provide coverage for goods being transported on a single journey. This type of policy is advantageous for businesses making one-time shipments, as it offers protection against risks that could arise during the transport phase, such as loss, damage, or theft of the cargo.

This policy comprehensively covers the merchandise for the duration of the trip, giving both the shipper and the recipient peace of mind for that specific shipment. In contrast, other types of policies, like the Annual Transit Policy, are intended for ongoing or repeated shipments over an entire year and would not be appropriate for a one-time delivery scenario. It’s important to choose the right type of insurance based on the frequency and nature of shipments to ensure adequate coverage is in place for each situation.