CPN Insurance Program

CPN in-house Insurance Programme offers very cost-effective opportunities to its members under the CPN Trust Fund Agreement.

The Insurance Programme saves thousands of dollars in insurance premiums to the CPN members. It covers the freight-loss of members due to Bankruptcy of another CPN member. In case of non-payment of freight by a CPN member to another CPN member, the Insurance Programme guarantees the payment of unsettled invoices.

 

The CPN Trust Fund is a financial protection programme for all members and it is compulsory.

The primary purpose of the Fund is to indemnify CPN members against the bankruptcy and  
non-payment of freight by another CPN member firm.

Please refer to our Trust Fund for more information.

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