Stock throughput is comprehensive marine insurance providing coverage for a company’s inventory and the flow of goods through its entire supply chain. The policy insures all stock, including raw materials, semi-finished and finished products, whether in transit or storage at owned or third-party premises.
Stock throughput coverage begins from the moment the company assumes responsibility for the goods and continues until their interest ceases. This eliminates potential gaps in coverage between multiple policies and provides seamless protection for the insured’s entire supply chain. It helps businesses mitigate risks associated with the transportation and storage of goods and provides them with financial protection in case of loss or damage to their inventory.