Stock & Station Agents Co-operative Limited
An Industry Leader
Our members now insure a turnover approximating 2 billion. We help members protect their sales proceeds with insurance cover for an all-inclusive cost. There are no additional costs, such as admin fees, stamp duty, mercantile reports and general administration.
The Insurance Cover
The Co-operative purchases and administers insurance policies from four insurance companies. Members of the Co-operative are named on each of the insurance policies as “joint insureds”. Cover provided by the policy is 90% on insured debts, and for a small levy on sales made to insured buyers (nominated on the list provided to members) a member can cover their costs.
Joining The Co-op
To join the Co-op all necessary application documents must be completed along with the purchase of shares in the Co-op. A disclosure document is available on request. Once we receive all documents these are forwarded to the Insurers who in turn register your inclusion as a joint insured to their respective policies. A share certificate will then be forwarded to you. The Co-op will redeem your shares in the event that you wish to cease your membership.
The Co-operative was formed on 23 August 1994 as the Central West Selling Agents Co-operative Limited, changing its name on 27 May 1998 to NSW Stock & Station Agents Co-operative Ltd and again on 26 September 2001 to the present title of Stock & Station Agents Co-operative Limited.