What type of insurance covers goods while they are being transported?

Goods in transit insurance is specifically designed to provide coverage for physical goods and products while they are being transported from one location to another. This type of insurance protects against risks such as theft, loss, or damage that could occur during the transport process, whether by land, air, or sea.

It is essential for businesses and individuals who regularly ship goods to have this type of insurance, as standard homeowners or liability policies typically do not cover losses associated with the transportation of goods. Health insurance, on the other hand, is focused exclusively on medical expenses and does not pertain to cargo or goods.