Stock Throughput
(formerly i3 Underwriting)

Ship Happens! Insure your Cargo with Stock Throughput Insurance

Stock Throughput

Fast, Flexible, and Fully Covered

Coverage for Cargo and Inventory Stock including Raw Materials, Work in Progress and Finished Product worldwide.

SPG Canada’s Stock Throughput and Transit insurance provides coverage with a single policy for all of an insured’s cargo and inventory (stock), including raw materials, work in progress and finished product worldwide. Our wording is designed for companies that manufacture, import, distribute or export merchandise; however, almost any type of business can benefit from this coverage. As we can provide blanket transit coverage under this wording, it eliminates the need for separate cargo policies where individual trip reporting can be required.

Built for Brokers. Backed by Coverage That Goes Further.

Target Classes We Cover:

  • Manufacturers

  • Wholesalers

  • Distributors

Features:

  • Stock and transit coverage on a single policy with highly competitive rates.

  • Goods are covered at all times during the manufacturing process, from the inbound raw goods to the finished products.

  • Worldwide coverage for storage of stock at owned or third-party premises.

  • Actual Cash Value, Replacement Cost and Selling Price valuation can be provided.

  • Selling Price Valuation includes the insured’s mark­ up, which reduces the need for Business Interruption insurance.

  • Capacity for catastrophe perils, such as windstorms, flood, and earthquake, regardless of location.

  • No requirement for monthly reporting.

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