Office Address
Koikkara buildings,
Kizhakkambalam Junction ,
Kizhakkambalam P O ,
Ernakulam district ,
PIN 683562.
Phone Number
9447232369
8590288583
Email Address
joyjohnlic@gmail.com
Koikkara buildings,
Kizhakkambalam Junction ,
Kizhakkambalam P O ,
Ernakulam district ,
PIN 683562.
9447232369
8590288583
joyjohnlic@gmail.com
Businesses involved in manufacturing, trading, or regular movement of goods require reliable protection against transit-related risks. Traditional marine insurance policies often require multiple issuances, declarations, and administrative tasks for every shipment. To simplify this process, National Insurance offers the Sales Turn-Over Policy (STOP)—a comprehensive and flexible solution designed for businesses with large or frequent sales-related cargo movements.
The Sales Turn-Over Policy (STOP) is an annual marine insurance policy that covers all transits arising from the sales turnover of a business. Instead of issuing separate policies for each dispatch or shipment, STOP provides blanket coverage for a company’s entire turnover (sales + purchases + stock transfers).
This system simplifies insurance management while ensuring that every transit—whether inward or outward—is automatically covered.
The policy is based on the business’s total turnover, which may include:
Every movement of goods related to the turnover is covered automatically without the need for individual policies.
The insured submits monthly or periodic turnover declarations. Premium adjustments are made accordingly based on:
STOP adapts to the insured’s business size and shipment frequency, making it suitable for large manufacturers, exporters, distributors, and logistics-driven businesses.
STOP covers all risks associated with:
Losses covered include:
(Coverage depends on the chosen clauses — Inland Transit (ITC), Institute Cargo Clauses (ICC), etc.)
This policy is ideal for businesses with frequent or high-volume movement of goods, such as:
All incoming and outgoing transits are covered under a single policy.
No need for issuing multiple marine policies for each consignment.
Businesses may receive better premium rates due to consolidated turnover coverage.
Only periodic turnover declarations are required.
Coverage is adjusted based on declared turnover, ensuring accurate and fair premiums.
Ideal for businesses with multi-location operations and continuous shipping.
The Sales Turn-Over Policy (STOP) by National Insurance is a smart, efficient, and business-friendly insurance solution for organizations with frequent or large-scale movement of goods. It eliminates repetitive documentation, reduces administrative burden, ensures continuous protection, and aligns insurance coverage with actual business turnover.
For any company that depends heavily on logistics and regular goods movement, STOP is an essential insurance solution that brings convenience, clarity, and comprehensive risk protection.
