Generali Land Transport (Mercancías Terrestre) Insurance Conditions
Generali's goods-in-transit policy for cargo carried by road in Spain, explained in plain English.
This is a goods-in-transit (cargo) policy for merchandise carried by road and land within Spain. It covers physical loss of or damage to the goods while they are being transported, up to the sum insured. It is one of Generali's four transport insurance options.
For a plain-English overview or a quote, see our transport insurance in Spain hub or contact our team. As an authorised exclusive Generali agent, Turner Insurance can explain any clause below.
The cover
How it works & who insures ↑ top
Generali indemnifies the patrimonial loss the insured suffers when covered goods are lost or damaged in transit. There are two ways to arrange it:
- For goods owners — the owner of the merchandise is both policyholder and insured.
- For carriers (transportistas) — the carrier takes out the policy, but the owner of the goods is the insured and the one entitled to the indemnity (a transfer of that right to the carrier is void under this policy).
You choose which of the risk tiers below to contract; only the tiers shown in your Particular Conditions apply.
The goods covered ↑ top
The cover is for general merchandise owned by the insured. Certain goods are always excluded (commercial samples, press/newspapers, and goods already damaged or being returned to origin) and others are excluded unless specifically agreed: cash and bank/commercial paper, securities and banknotes, jewellery and precious metals/stones, art and antiques (agreed value), perishables and fresh/frozen food, live animals and plants, dangerous goods, fragile goods and electronics, furniture and removals, vehicles, courier/parcel traffic, mobile phones, tobacco and spirits, leather goods/shoes/made-up textiles, and copper.
What is covered — the four tiers ↑ top
Tier 1 — Basic cover
Fire, lightning and explosion (except spontaneous combustion); and accident of the transport vehicle — the vehicle falling into a ditch, ravine, river or sea; collision or impact; striking branches, cables, bridge arches, signs or buildings (for open trucks/trailers/flatbeds, a 10% excess applies, minimum €2,000); overturning or derailment; storms, avalanches and landslides; bridge collapse and road subsidence; and seawater in a storm on land legs. It also covers total loss, general average and salvage during any ferry crossing, accidents on a complementary air leg, armed-gang robbery (duly proven), and salvage costs up to €3,000.
Tier 2 — Wide cover
Adds loading and unloading, bad stowage, wetting and oxidation, theft with break-in, and pilferage, loss or non-delivery (where not the insured's responsibility).
Tier 3 — Wider additional cover
Adds weight loss/differences (settled above a 0.5% excess), spillage, and contamination from contact with other cargo.
Tier 4 — Extraordinary risks
Natural catastrophes — earthquake, tsunami, extraordinary flood, volcanic eruption, atypical cyclonic storm and falling celestial bodies — certified by the competent meteorological/geographic authorities.
Exclusions ↑ top
Within each tier, only the perils listed for that tier are covered — anything not expressly included is excluded (for example, theft or pilferage is not covered under the Basic tier). The general exclusions also apply: wilful misconduct or gross negligence, inherent vice of the goods, ordinary wear and the consequences of war and similar events (covered, where applicable, by the Consorcio for the extraordinary perils). The full, binding list is in the Spanish conditions.
Territory, excess & claims ↑ top
Territory: national — transport within Spain, as designated in your Particular Conditions. (For international or combined journeys, see the multimodal transport conditions.) An excess (franquicia) agreed in the Particular Conditions is deducted from each claim, and the proportional rule applies if the sum insured is below the value of the goods. Notify a claim promptly, take reasonable steps to limit the loss, and provide the documentation needed to assess it.