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Often described as ‘Cradle to Grave’ cover, Stock Throughput policies (STP) provide a one stop solution for companies that import, export and distribute goods.
The policies make sure that movable goods are covered while they’re in transit, in storage at owned or at third party premises, and provide cover for physical loss or damage in the global supply chain.
In short, an STP offers protection for goods from the source of production to its final destination, whether at a place of storage or in a retail store.
An STP policy has various components, including:
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