Manufacturer's output policy

Manufacturers output policy,

Definition of Manufacturers output policy:

  1. Insurance coverage of a manufacturers offsite property. This type of insurance, which was developed in the 1950s, helps to ensure that a manufacturers product - its output - is covered during transition to the final destination. The term commercial output policy is now being used instead of manufacturers output policy to include other organizations that require insurance coverage of their property.

Meaning of Manufacturers output policy & Manufacturers output policy Definition