Duty Insurance
Property Insurance
About this plan
Pays the duty/difference between market value and CIF value when insured goods imported via land through India (from Calcutta to Nepal) do not reach Nepal due to theft, pilferage, or non-delivery. Only covers duty difference — does not cover loss or damage of goods while in transit. Applicable to non-sensitive items (watches, silk, fabrics, spices, electronics and parts, etc.).
What's included
Key highlights
- Duty-difference cover
- Calcutta → Nepal (land) route only
- Covers theft/pilferage/non-delivery
- Transit damage excluded
Features
- Covers duty/difference between market value and CIF value
- Valid only for land imports via India (Calcutta to Nepal)
- Covers theft, pilferage and non-delivery
- Does not cover loss or damage to goods during transit
- For non-sensitive goods (watches, silk, fabrics, spices, electronics and parts)
Plan specifics
- Govt. subsidy
- null%
- Coverage type
- Transit duty/difference cover for land imports (covers theft, pilferage, non-delivery; excludes transit damage)
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