908-947-0867 info@axonu.com

STAPLE

STAPLE (Stock Throughput and Pollution Liability Exposure)

Axon’s Stock Throughput And Pollution Liability Exposure (STAPLE) product is the first of its kind to combine Stock Throughput and broad third party pollution coverage into one policy form.

Stock Throughput is comprehensive all-risks coverage for an insured’s goods commencing the moment they assume responsibility until their interest ceases. Coverage is provided for raw materials, work in progress and finished products on a global basis.

STOCK THROUGPUT ADVANTAGES:

Seamless worldwide coverage through the insured’s supply chain.
Ocean cargo, inland transit and stock/inventory all under one policy.
Elimination of potential gaps between multiple policies.
Full ‘All Risks’ conditions for global storage and transit exposures.
Coverage includes Windstorm, Flood and Earthquake.
High limits and lower deductibles.
No percentage deductibles for catastrophic exposures.
Selling price basis of valuation provides an element of business interruption coverage.
Ease of administration through premium rating against sales turnover.
Reduces the need for time consuming declarations.
Premium Savings.
Combining of risks under one policy generates economies of scale.
Competitive rates for CAT coverage for industry sectors and complex businesses.
• $750 Million of available capacity

• $10 Million of Third Party

• Pollution Liability available

• Policy application on a Primary and Excess basis

• Distributors

• Logistics Companies

• Importers/Exporters

• Manufacturers

• Chemical, Oil and Gas Industries 9 Major Retail Companies

• High Tech, Bio Tech and Pharma Industries

• Agricultural Industries

Axon STAPLE Application - Download

 

STAPLE Flyer - Download

All Submissions should be forwarded to rhampton@axonu.com or dgahagan@axonu.com. Any questions can be directed to 908.947.0867.