David G. Sayles Insurance Services:Your Trusted Insurance Partner

Optimal Insurance Protection with Marine Cargo/Stock Throughput Coverage

The Port of New York and New Jersey is the third-largest seaport in North America and the largest maritime cargo center on the East Coast. Moreover, with the expansion of the Panama Canal, the port has undergone major expenditures to accommodate larger container vessels including new Panamax vessels, hoping to see even more activity. With the tremendous volume of goods on the move, those involved in the supply management and logistics industry – from importers and exports and warehouses to manufacturers and distributors – have a lot at stake, facing complex and diverse risks that require the expertise of experienced insurance advisors in this industry.

David G. Sayles Insurance Services provides this expertise and insurance solutions to logistics service providers. One such solution is marine cargo/stock throughput coverage, designed to provide “cradle to grave” insurance. With a marine cargo/stock throughput policy, inventory on the move, including raw materials, semi-finished, and finished products, are covered at all times whether in transit, undergoing process, or in storage at owned or third-party premises.