This policy is designed for transporter or carriers of goods and properties by truck, railway, sea vessel, air craft, and any conveyance upon accidental loss or physical damage to tangible goods & property whilst carried or in transit in the course of or in connection with the business or payment.

The policy provides cover for actual and physical loss or damage to goods, properties or merchandise directly caused by collision, overturning, derailment, collapse of bridge, free falling object and fire whilst such goods or merchandise are actually transported by the insured conveyance.