Act Only Insurance Policy (Goods Carrying)

Goods carrying third-party insurance is an essential policy for businesses that transport goods, as it protects the vehicle owner or operator from third-party liabilities. It covers damage or injury caused to other people or property by the vehicle or goods being transported, ensuring that the operator is not financially burdened by the consequences of an accident. However, it does not cover damages to the insured vehicle or goods being transported, and is more affordable than comprehensive insurance, making it a practical choice for many businesses.