What is stock insurance?

An optional extra with contents insurance, stock insurance covers your business against theft damage and destruction of your stock
If your business relies on having a considerable supply of stock, it pays to protect that stock against an unforeseen disaster so you’re not left out of pocket.
Does my business need stock insurance?
No matter how well protected your stock, there’s no guarantee it won’t be stolen damaged or completely destroyed, so it pays have to have a stock insurance policy in place.
What does stock insurance cover?
Stock insurance will cover the cost price of your stock if it is stolen, damaged or destroyed. It will pay out the amount need to replace the stock based on its cost price not its retail price.
How much stock insurance will my business need?
Not a standalone insurance policy, stock insurance can be added onto your business contents insurance policy as an optional extra. Stock is liable to change thing so you will need to keep your insurance provider up to date with fluctuations in stock level or stock value.