Stock Throughput Policy

Also known as ‘cradle to grave’ cover, this policy commences when the Insured purchases the product and continues through all transits including storage or at factory, until delivery to final customer.

This type of policy is often used in the manufacturing or automotive industries to comprehensively cover the product (raw materials, semi-finished and finished goods) for those clients that need cover for goods whilst in store as well as in transit.

By combining a traditional general cargo policy and a non marine policy into one Stockthroughput policy, this contract will firstly produce a premium saving and secondly will also avoid gaps in coverage between transit and storage policies.

A Stock Throughput policy is subject to an Annual Premium which is normally based on the Insured’s sales turnover.