Annual TurnOver Policy

• This policy provides transit insurance coverage to-
• Imports + Customs Duty
• Domestic & Overseas purchase of raw materials, consumables.
• All inter-factory/ inter-depot/ to &fro job worker movements.
• Exports transits
• Domestic sales of finished goods
• Temporary storage cover at intermediate locations like at Port, Job workers/ C & F premises etc.
• So all the requirements of a company's Marine policies can be met by an Annual Turnover Policy.

Key features of ATOP are:-

• Sizeable saving in premium, which is charged only on your sales turnover.
• Seamless cover with all movement of goods automatically covered.
• No hassles of submitting periodical declaration of movements to the insurer. Only monthly/Quarterly sales figures needs to be submitted.
• Facility for payment of premium on half-yearly/ quarterly basis.