Manufacturers with raw material and finished goods
Review the exposures, values and operating details that change how insurers assess this risk.
Inventory protection
Stock insurance for factories and warehouses
Protect raw materials, work in progress and finished goods across factories and warehouses, with correct values, locations and policy conditions.
Cover review
Wording before price. Support after placement.
Responsive supportClear next steps from review to claim
Structured comparisonTerms, limits, deductibles and exclusions
IRDAI licence 1103North India service100+ years combined experienceDedicated claims support
Start with the real exposure
The wording must match the business behind it
Stock values change through seasons, production cycles and customer demand. A policy based on an average month may be inadequate at the moment of loss. Stock insurance must reflect where inventory is kept, its peak value and the perils that can affect it.
Umber helps businesses map owned and third-party locations, valuation methods, monthly declarations and the connection between storage and transit policies.
“A policy works as a programme: values, wording, extensions and claims preparation must support one another.
Who we help
Who should examine this cover
Every recommendation begins with the activity, scale, locations and contracts—not a generic product label.
Warehouses and fulfilment centres
Review the exposures, values and operating details that change how insurers assess this risk.
Distributors and wholesalers
Review the exposures, values and operating details that change how insurers assess this risk.
Cold stores and temperature-sensitive stockists
Review the exposures, values and operating details that change how insurers assess this risk.
Seasonal and commodity businesses
Review the exposures, values and operating details that change how insurers assess this risk.
Companies using third-party locations
Review the exposures, values and operating details that change how insurers assess this risk.
The Umber programme
Understand what the programme may include
A single uncovered dependency can affect several policies. We look at how each part responds alongside the others.
Raw materials as declared
Work in progress and finished goods
Packing material and consumable stores
Stock at named or approved locations
Selected insured property perils
Deterioration or temperature risk only when specifically arranged
One coherent
risk programme
risk programme
Before placement
What we examine with you
01
Peak values higher than the sum insured
02
Unlisted rented or third-party warehouses
03
Stock records that cannot be reconstructed
04
Basement and open-storage conditions
05
Obsolete, damaged or slow-moving inventory
06
Gaps between premises and transit cover
When a claim happens
Support through the critical steps
Early action, accurate records and one clear chronology help everyone move with less confusion.
Understand
Reconcile physical, ERP and financial stock records
Notify & coordinate
Document ownership and valuation basis
Document
Separate damaged, salvageable and unaffected stock
Follow through
Coordinate survey, disposal and mitigation approvals
Buyer questions
Clear answers before you decide
These are starting points. The final answer always depends on the selected insurer’s wording and your disclosed circumstances.
Can stock in a third-party warehouse be insured?
Often yes, but the location, ownership, value and storage arrangement must be disclosed and accepted in the policy.
What happens if stock value exceeds the sum insured?
The business may face an uninsured portion and potentially an underinsurance adjustment, depending on the wording.
Is spoiled stock after power failure covered?
Not under ordinary property cover automatically. Deterioration of stock or machinery-breakdown-related extensions may be required.
Start with what you already have
Talk to Umber Insurance should fit the actual risk.
Share your current policy, asset schedule or requirement. Umber will help you identify the next useful step.
General information only. Insurance coverage is subject to the insurer’s policy wording, proposal disclosures, underwriting, exclusions, warranties, deductibles and applicable law. Umber Insurance Brokers Private Limited · IRDAI License No. 1103.