Stock Throughput Insurance
- Seamless asset protection throughout your company’s supply chain, from purchase of raw materials to finished products inventoried for sale.
- One set of underwriters insuring cargo and stock means no potential ‘gap’ in insurance and more seamless claims settlement.
- Simple, easier administration of risk management – one policy versus several policies.
Should you buy stock market insurance?
Mar 13, 2018 · A stock throughput policy is used to insure items from the time they are shipped, manufactured, processed, stored as inventory, and eventually delivered to their final destination, be it a storage facility or customer’s location. This insurance may offer broader coverage than a traditional property policy or standalone cargo policy, as it covers your goods through the full …
How does the stock market affect insurance rates?
What is a Stock Throughput Policy? An STP is a marine policy that insures a company’s inventory and the flow of goods from the source of production to its final destination, whether at a place of storage or a retail store. An STP policy has three components: Ocean cargo insurance. Inland transit insurance. Property or storage insurance.
How do stock brokers provide market liquidity?
Apr 05, 2022 · Stock Throughput Insurance covers your company’s goods (assets) against physical loss or damage while in your control anywhere in the global supply chain, in transit …
What is stock throughput coverage?
Stock Throughput Insurance is property insurance that covers raw stock, stock in progress, and finished products / inventory of the insured while stored, in process, or in transit to the end …
Stock throughput benefits
A single policy provided by NMU ensures that a loss does not fall between different policies and removes the potential for differing insurers to dispute where a loss occurred.
NMU Certs
Where exporters need certificates of insurance to comply with Incoterms requirements, particularly where ‘Letters of Credit’ are involved, our online NMU Certs system gives them the ability to produce electronic certificates in-house… Read more
Fast Track Claims
We recognise the importance of enabling our policyholders to resume their operations and manage day-to-day business as quickly as possible after a loss. To speed up the claims process, Fast Track allows small losses to be submitted via a simple web form.
Supply chain analysis
Our collaboration with BSI Supply Chain Services and Solutions enables brokers to further support NMU policyholders and, through leveraging the consultative partnership, to better understand clients’ supply chain risks to address potential areas of vulnerability… Read more
