What is a Sales Turnover Policy?
A Sales Turnover Policy is a specialized form of **Marine Transit Insurance** that insures all movement of goods—raw materials, semi-finished goods, and finished products—within India, based on the declared annual **turnover** instead of each individual consignment.
Who Should Buy This Policy?
Ideal for businesses that:
- Regularly send or receive goods
- Have complex supply chains
- Work with multiple transport vendors
- Want a single, hassle-free insurance solution
Industries:
- Manufacturing
- Trading
- Logistics
- E-commerce
- Engineering & More
Coverage Highlights
- Inland transportation (road, rail, air, courier)
- Raw materials, work-in-progress, and finished goods
- Coverage from supplier’s location to customer’s site
- Loading & unloading risks
- Multiple locations, warehouses, and job sites
- Options for add-ons like theft, SRCC (strikes, riots, civil commotion), etc.
Key Benefits
- One consolidated policy for the whole year
- Covers both incoming and outgoing goods
- No need to declare individual shipments
- Simplifies accounting and insurance compliance
- Cost-effective for high-volume businesses
- Flexible and customizable as per your operations
Get a Sales Turnover Policy Quote
Secure all your goods in transit with one annual policy based on your turnover.