In the context of transportation insurance, what does being "prepared for shipment" entail?

Being "prepared for shipment" in the context of transportation insurance refers to the time frame during which goods are being packaged, assembled, or readied for transport, as well as the waiting period before actual shipment. This condition acknowledges the risk that items may face during this preparatory phase, which can include damages from handling and storage before the goods are on their way to the final destination.

This meaning encompasses various risks that can occur while the items are being prepared and stored. Issues such as fire, vandalism, or other unforeseen events can impact goods in the waiting stage. Therefore, the insurance coverage is essential not only for the duration of transportation but also for the risks during preparation, ensuring comprehensive protection for the goods throughout the entire process leading up to their shipping.

Other options do not fully capture the concept; they either limit coverage to post-delivery situations or focus on theft, which does not address the comprehensive risk associated with the entire preparation phase.