Transportation and cargo insurance covers the risk of physical damage as a result of occurrence of an accident or incident to a good at the time of its transportation by a transportation vehicle (trucks, ships, planes or trains) from any point to anyother point pursuant to the clauses and conditions specified in the policy.

With this insurance, there are three different coverages for the cargo forming subject of the insurance.

Total Loss Cover : Damage to the goods to such extent that the goods lose all their value.

Narrow Cover : Institute Cargo Clauses ‘C’ or Institute Cargo Clauses ‘’F.P.A.’’ (Freeof Particular Average) - In addition to the risk of damage to the good at total loss, partial damages are also taken within the scope of coverage depending on the accident that the carriage vehicle will cause (hitting, collision, overturn, fire). Special conditions are applied for this coverage.

Comprehensive Cover : Institute Cargo Clauses ‘A’ or Institute Cargo Clauses all Risks; It isusually known as all risks coverage. For this coverage, all risks other than specified exceptions as well as special conditions are taken under coverage.The most important exceptions for this coverage are;

-Damages resulting from the nature and structure of the goods

-Inappropriateness of the carriage vehicle or packaging

-Damages arising from all kinds of delays

-Radioactive pollution - contagion

-Bad faith of the insured

-War, strike, terrorism, disorder etc.

Türk Nippon Sigorta insures risks of damage to gold and similar precious metals aswell as stones, jewels, cash, and similar precious goods at the time of their carriage by a vehicle (ship, truck, plane or train) from one place to another as a result of an accident place pursuant to clauses and conditions specifiedin the policy and/or risks of armed hijack and robbery.