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Cargo and stock throughput insurance
A company's goods pass through many places: factory, port, lorry, its own or third-party warehouses. Cargo insurance protects them in transit; a stock throughput policy also covers them while in storage.
Key points
Cargo insurance covers goods being imported, exported and transported domestically. A stock throughput policy goes further: it covers goods in transit and in storage under a single contract.
For companies that import, export or move a lot of stock, a single policy that follows the goods from supplier to customer avoids gaps between the transit cover and the warehouse property cover.
More information on goods in transit on our transport insurance page.
Types
Single voyage
A specific shipment, with its origin, destination and value.
Open or floating policy
All shipments in the year, declared periodically, on terms agreed in advance.
Stock throughput
Goods in transit and in storage, whether in your own or third-party warehouses, under a single contract.
What to check before taking it out
The Incoterm
It shows who bears the risk at each stage and who must insure the goods.
The warehouses
Which warehouses are covered, with what limit per location and with what protection measures.
The insured value
Cost, freight and, if agreed, a percentage for expected profit.
Exclusions
Insufficient packing, inherent vice of the goods or delay, depending on the policy.
Frequently asked questions
Isn't the carrier's liability enough?
No. The carrier's liability is subject to legal limits per kilo that may fall well below the actual value of the goods.
What is a stock throughput policy?
A policy that covers goods during transit and during storage, under a single contract.
Does it cover goods in third-party warehouses?
It can, if the warehouses are included in the policy and within the agreed limits.
Related insurance
Sectors where it matters most
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