Single Transit Insurance is a type of insurance policy that provides coverage for goods and cargo while they are being transported from one place to another. This policy is typically purchased by individuals or companies who need to transport goods or cargo via land, sea, or air. It offers Open Policy Insurance to businesses of all sizes, providing protection against loss or damage to goods in transit. The policy covers a range of risks, including theft, damage, and loss due to accidents or natural disasters. Businesses that frequently import or export goods can benefit greatly from an Open Policy Insurance, as it provides them with a comprehensive insurance solution that can be tailored to their specific needs.