What does an Annual Transit Policy cover?

An Annual Transit Policy covers all shipments made or received throughout a one-year period, which is why this answer is correct. This type of policy provides coverage for the total volume of goods being transported, streamlining the process for businesses that frequently ship items without needing to secure separate insurance for each individual shipment. This overall protection simplifies logistics, as companies can manage multiple shipments under a single umbrella policy that applies for the entire year, ensuring they have continuous coverage without interruptions.

Other options, such as focusing only on specific seasons or projects, restrict the coverage and do not align with the comprehensive intent of an Annual Transit Policy, which is designed to offer broad protection over time. Additionally, the focus on individual shipments or specific equipment in transit does not capture the essence of what an Annual Transit Policy aims to address. By ensuring coverage over all shipments for a year, businesses can operate confidently, knowing they are protected against potential transit-related issues.