What is stock throughput insurance?

Once manufactured goods arrive, they either go direct to the end customer or into a storage warehouse before onward distribution. If they are going into storage before onward distribution, a stock throughput policy could be the perfect solution for this scenario.

For an importer involved in storage and distribution, a stock throughput insurance policy can offer:

  • Insurance coverage for the import, the transit from the port to storage premises, whilst there, and the subsequent delivery transit to the final customer.
  • Certainty that the cover is correct for the risks involved.
  • Cost benefits, by having one policy instead of three.
  • No gaps in cover, as might occur if separate policies were arranged for the three component parts.
  • A reduction in administrative costs.
  • Coverage at own or third party storage premises.

For more information on stock throughput insurance, contact your local Development Underwriter.

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