All turbine components can be covered during transit.
Transit Insurance Policy provides you with indemnity & financial protection for loss of or damage to your cargo during transit.
This constitutes of goods in transit by sea, air and land.
Type of policies
Most common type of policy and it covers from cargo when it travels from one place to another place (within one location) and for each individual voyage.
Marine open cover
A marine cargo open policy is the agreement between the insured and the insurance company to insure all cargoes in transit falling within that agreement for an indefinite period, until the agreement is cancelled by either policy.
An annual policy is to cover risks for a period of time, usually one year and all the shipments should fall within the terms/conditions of the policy.