Novo Insurance - Professional Insurance Brokerage Services
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
Coming Soon Under development — launching soon with full functionality
🛡️ Marine Insurance

Sales Turnover Policy (STOP)

STOP is a marine-cum-storage insurance product that covers all movement and incidental storage of goods, based on a company's annual sales turnover instead of specific transits.

🏆
IRDAI Licensed
Fast Claims
💯
Expert Advice
🔒
Secure
Sales Turnover Policy (STOP)
📋

About This Policy

Sales Turnover Policy provides end-to-end cargo protection — from raw materials to finished goods — across transits and storage, based on your company’s turnover. It simplifies coverage for high-volume businesses.

What's Covered

STOP offers comprehensive protection for all goods in transit (inbound and outbound), inter-factory transfers, customer deliveries, and temporary storage at warehouses. It includes risks like fire, theft, loading/unloading damage, and natural perils. Custom clauses can be added to extend cover for overseas transits, storage, or terrorism as per requirement.

Key Features

🎯
heading
Key Features
💎
bullets
Covers domestic & international movement + incidental storage, Valuation based on annual turnover, not per shipment, Reduces underinsurance and administrative load, Warehouse-to-warehouse, inter-unit, customer delivery – all included, Theft and pilferage included in all-risk versions, Terrorism risks can be covered for storage, but usually excluded in marine legs unless specified
👥

Who Should Buy?

Large manufacturers, OEMs, and exporters, Multinational supply chains and group companies, Any business with complex and high-value logistics operations
💬 📞