Stock throughput insurance

A company that imports components, stores them, processes them and ships finished products sees its goods pass successively under two insurance regimes: the transport policy during voyages, the property policy during storage. The boundary between the two creates gaps and overlaps, notably during waits in port, at a logistics provider or in temporary storage. Stock throughput insurance, born in the marine market, extends cargo cover to storage periods, protecting goods without interruption from pickup at the supplier to delivery to the customer, including in third-party warehouses and, depending on the policy, during certain processing stages. It provides a limit per storage location and per conveyance, a single valuation basis, often selling price for finished goods, and simplified administration. For the underwriter, it creates warehouse accumulation risk, which must be known through a precise declaration of stock by site, since a poorly declared concentration in a flood zone or an exposed port can far exceed the planned limits.