Sales Turnover Policy

Sales Turnover Policy is a highly flexible and customizible marine insurance cover. Instead of covering a particular type of transit, this policy can cover all the transits that are requried to achieve a sales. Hence the policy can cover:

• Domestic Purchase of raw material, consumable & stores
• Imports
• Inter-Factory, Inter-Warehouse or Inter-Depot transfer
• To & Fro job work movements
• Domestic sales
• Export Sales

The sum insured in the policy is the expected annual sales turnover.

The benefits of Sales Turnover Policy are:

• Sizeable saving in premium
• Seamless cover with all movement of goods covered
• No hassles of submitting periodical declaration of movements
• Intermediate storage cover can be built into the policy
• Facility for quarterly or half yearly premium payment