CNA Europe provides stock throughput policies for those clients that need cover for goods whilst in store as well as in transit. A stock throughput policy provides cover for all moveable goods that are the subject of the client’s trade including raw materials, semi-finished and finished products. The goods are covered at all times whether in transit, undergoing process (although damage caused by the process is excluded) or in store at own or third party premises.
A stock throughput policy provides seamless cover avoiding potential gaps and disputes that might arise if the cover were to be placed under a combination of marine and non-marine policies. Furthermore, administration is easy with premium based upon a single percentage rate applied to the client’s turnover.
CNA Europe’s stock throughput policy provides all the advantages of the CNA Cargo policy plus the benefit of broad cover for storage risks. Goods can be covered at own and third party premises both domestically and abroad.
Our experienced and specialist risk control team helps customers to mitigate and manage the risks associated with the storage and distribution of goods worldwide. This includes providing advice on how to improve protection and security at warehouses.
CNA’s stock throughput policyholders and their brokers also have access to www.cnacargo.com , the marine market’s leading cargo policy management system for those clients who need to issue insurance certificates or who need to regularly declare their shipments.
This product is underwritten from our offices in Belgium, Denmark, France, Italy and the United Kingdom.
This product is available on a freedom of services basis in Austria, Bulgaria, Cyprus, Czech Republic, Estonia, Finland, Germany, Greece, Hungary, Ireland, Latvia, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and The Netherlands.
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