Stock Insurance

A stock insurance policy can cover the costs of replacing your business stock, should any or all of it be lost, damaged or stolen. It’s designed to protect you financially by securing your stock, ensuring you could continue to trade if any, or all, of your unsold goods were wiped out. Some insurance suppliers offer stock insurance as a standalone policy, but more often than not, it appears as an extension to a business contents policy.

Your business stock can include any goods, products or merchandise you sell as part of your business model. Many insurers require you to keep accurate, up-to-date stock checks so that you know how much stock you have on your premises at any one time. In the event of you losing it all, they will use the stock checks to accurately estimate how much was lost in an incident, and how much to subsequently pay out.