Goods in Transit Insurance, a type of marine insurance, offers protection against loss or damage to goods transported over land by road, rail, or short boat journeys. This all-risk policy indemnifies the insured for losses or damages caused by fire, accidents, theft, or pilferage. Coverage includes incidents that occur while goods are being loaded or unloaded from any vehicle, passenger, or goods train, or when they are temporarily stored in the ordinary course of transit, whether on or off the conveyance.