Mastering Goods in Transit Insurance for Agri Policies
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which cover is available as an option in terms of the Goods in Transit section on an Agri policy (Defined events 1)?

  • Hijacking of the means of conveyance
  • Theft of the means of conveyance
  • Pesticides, herbicides, and/or fertilizers used during transit
  • All risks (correct)
  • What is the purpose of the cover provided for pesticides, herbicides, and fertilizer while transported on the Insured's premises?

  • To prevent accidents
  • To cover misfortunes
  • To support farmers (correct)
  • To protect against theft
  • Which event is NOT excluded under the all risks cover in the Goods in Transit section on an Agri policy (Defined events 1)?

  • Explosion
  • Hijacking (correct)
  • Collision
  • Fire
  • What is the difference in rates for the options available in the Goods in Transit section on an Agri policy (Defined events 1)?

    <p>The risk of each option</p> Signup and view all the answers

    Which cover is NOT included in the Agri policy specifically designed to support farmers (Defined events 2)?

    <p>Theft following fire, explosion, collision, overturning of the means of conveyance</p> Signup and view all the answers

    Which type of commodity is NOT included in the description of this policy?

    <p>Game</p> Signup and view all the answers

    Which type of cover is NOT offered for game under the Goods in Transit section?

    <p>All Risks cover</p> Signup and view all the answers

    Which section should requests for All Risks cover for game be referred to?

    <p>Santam Marine</p> Signup and view all the answers

    Apart from goods, livestock, and game, what other commodities are mentioned as specified commodities?

    <p>All of the above</p> Signup and view all the answers

    Why is the transport of game not included in the description of this policy?

    <p>Game requires specialized transport</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser