Stock Throughput Insurance
Designed to cover all of the Insured's transit and static stock requirements
This would include imports, whilst as stock and thence delivery to final customer all under one insurance policy.
Benefits:
- Cover to attach from the time the Insured assumes an interest or responsibility and continues uninterrupted until that interest or responsibility ceases
- Single policy and simplified premium basis, reducing administration requirements with no time consuming declarations to submit
- Gaps in cover are significantly reduced or eliminated
- Competitive premium compared with the more traditional method of insuring transit and inventory exposures separately
- "Tailor Made" coverage throughout, customised to the particular needs of each client
- Stock can be valued on a selling price basis, thereby including the profit element and potentially reducing the need for business interruption coverage
- Can include coverage at third party locations
- Lower deductible options
- Applies to any type of cargo/stock
- Earthquake, Flood and Windstorm locations possible
For more information or to discuss your needs call:
Midas Insurance Brokers
George Midas, Director
Mark Lonergan, Senior Marine Cargo & Liability Broker
Phone:1300 664 272 (aust) +613 9334 2511 (international)
Fax: 03 9334 2500 (aust) +613 9334 2500 (international)
Email: george.midas@midas.net.au
Email: mark.lonergan@midas.net.au
