Stock Throughput Insurance
End-to-End Protection for Goods in Transit, Storage & Processing
Stock Throughput Insurance protects goods across the entire supply chain—raw materials, work-in-progress, and finished products—covering all stages of transit, storage, and processing without interruption. It offers broader protection and flexibility compared to separate cargo and property policies.
Key Benefits
- Continuous Coverage: One unified policy covering goods from supplier to final delivery.
- Broader Inventory Protection: Enhanced valuation, easier reporting, and faster settlement compared to standard property insurance.
- Supply Chain Visibility: Better risk understanding of goods affected by weather, geopolitical, labor, or transport disruptions.
- Flexible Limits & Customization: Per-location limits, manuscript wording, CAT sublimits, and tailored extensions.
Health Cover Up
to ₹50 Lacs
What is Stock Throughput Insurance?
Stock Throughput Insurance (STP) is a marine cargo policy expanded to insure a company’s inventory—from raw materials to finished goods—during transit, storage, processing, and final delivery at retail or storage locations.
Why do you need Stock Throughput Insurance?
Seamless Coverage
Provides uninterrupted protection for goods while in transit, storage, under process, or at final delivery points across the supply chain.
Broader Protection
Offers wider inventory coverage with flexible valuation, quicker reporting, and faster settlements than standard property policies.
Risk Visibility
Improves understanding of risks from geopolitical events, weather, labor shortages, and supply chain disruptions.
Custom Flexibility
Allows manuscript wording and customized terms for complex or non-standard risks across transportation and storage stages.
Why choose Insurance Manager to protect your business?
Marine Expertise
Cargo and logistics specialists provide insights to minimize exposures and strengthen supply chain risk management.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Tailored Solutions
We create customized STP programs, including CAT limits, perils coverage, & enhanced protection designed for your operations.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Claims Control
Support for controlling damaged goods, brand protection, & pursuing recovery against third parties when needed.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Advanced Analytics
Data-driven analysis & benchmarking help you understand risk gaps & prepare for emerging supply chain challenges.
What does Stock Throughput Insurance cover and exclude?
Plan Coverage
Transit Coverage
Covers goods during all stages of movement—from raw material pickup to final delivery—without breaks in insurance.
Storage Protection
Insures inventory at warehouses, storage facilities, and retail locations under consistent policy terms.
Processing Coverage
Extends protection while goods are static or under manufacturing or processing operations at various sites.
CAT Perils Cover
Includes earthquake, windstorm, flood, and optional separate CAT sublimits tailored per business need.
Perishables Protection
Expanded coverage for perishables including losses due to delay, decay, deterioration, and spoilage.
Refrigeration Failure
Includes damage caused by loss of refrigeration, preventing spoilage during transport or storage.
Extra Expense Limit
Offers a separate limit for additional expenses incurred due to insured events affecting cargo or storage.
Brand Protection
Allows full control over disposal of damaged goods and covers government-ordered destruction if product becomes unfit.
- In-patient treatment 24 hours a day
- Pre-existing disease
- Pre and Post hospitalization
- Domiciliary hospitalization expenses
- Reimbursement of cost of health check-up
- All day care procedure
- Family floater to covers member’s immediate family such as a spouse, dependent children, dependent parents, etc.
- Maternity benefits
- Dental treatment
- Cost of spectacles, contact lenses
- Waiver of waiting period
- Waiver of first-year exclusions
- Reimbursement of ambulance costs
- Baby day one care
- Vaccination benefits
- Increased room rent limits
- Corporate buffer
- Out-patient treatment (OPD Card)
- Root canal surgery
- In-hospitalization expenses due to sickness or accidents
- Room and boarding expenses as provided by the hospital/nursing home.
- Nursing expenses.
- Surgeon, anesthetist, medical practitioner, consultants or specialist fees.
- Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines and drugs, diagnostic materials and X-Ray, dialysis or chemotherapy.
Major Exclusions
Non-Insurable Events
Events not defined within the STP wording or excluded under the marine cargo form remain outside coverage.
Unapproved Storage Sites
Inventory kept at locations not declared or approved in the STP schedule is not covered.
Unauthorized Processing
Processing operations not listed under the policy may fall outside the scope of coverage.
Undeclared CAT Accumulation
Accumulated catastrophic exposure beyond declared limits (earthquake, windstorm, flood) is excluded.
Uncovered Delays
Delays not linked to insured perils or inspections may not qualify for coverage.
Non-Peril Losses
Losses unrelated to physical damage—like market loss or financial loss—are not included.
Processing Errors
Loss from internal production mistakes not caused by insured perils is excluded.
Unapproved Risk Transfer
Alternative risk transfer like captive insurance is not automatically included unless structured separately.
- If the appropriate waiver is not opted for, then the policy will not cover
- Treatment of pre-existing illnesses.
- Any treatment for illnesses/diseases within the first 30 days of the policy, unless it is an accident.
- Treatment of specified illnesses for the first year of the policy.
- Certain diseases like hernia, cataract, piles, sinusitis, etc are excluded during the first year of operation in the cover.
- Any claim arising out of or traceable to pregnancy.
- Ayurvedic, homeopathy, naturopathy or any other form of local medication.
- Alcoholism, drug abuse, and AIDS.
- Dental treatment or surgery unless it requires hospitalization.
- Cost of spectacles.
- Vaccination and inoculation.
- Cosmetic treatment.
Your Journey to Insurance Manager
When can I Claim?
You can claim when goods suffer physical loss or damage during transit, storage, or processing at any insured stage. Claims also apply to CAT events, refrigeration failure, perishables deterioration, and government-ordered rejection of damaged goods.
Claim what’s yours with Insurance Manager
Have more questions?
Submission
Assessment
