The stocks may be raw, semi-finished, under process or finished. Stocks are the main content used in every business activity.  Be it a trading activity or manufacturing/production activity, stocks are a mandatory component for every business.  The stocks more or less carry the same properties as the house hold goods carry.  The threats posed to the stocks and covers available for the protection of these goods are more or less same as in the case of household goods.

Additional advantage in getting the stocks insured is that It becomes an allowable expenditure under the Income Tax Act.