Portless Inventory Protection helps safeguard your stored inventory from unexpected events such as fire, flooding, or other facility-related damage. It’s designed to give merchants peace of mind by offering additional protection on top of our facility’s existing insurance coverage.
This service allows you to cover a portion of your inventory’s Cost of Goods Sold (COGS) value, helping you recover faster and reduce losses in case of damage or loss.
Why this protection matters
Many global insurance companies don’t cover goods stored in overseas warehouses, especially in Asia. Portless Inventory Protection fills this gap by providing a straightforward, flexible way to protect your stock and reduce financial risk.
With this plan, you can:
Strengthen your business continuity plan
Recover faster from unforeseen events
Gain confidence knowing your inventory’s value is partially covered
Things to keep in mind
Portless Inventory Protection is not insurance. It’s a coverage service offered through our terms and conditions.
Your coverage depends on the actual compensation Portless receives from our facility’s insurance. This means the amount covered may change if the facility’s insurance pays less than expected.
You can adjust your coverage percentage as your inventory levels change.
For more information, please refer to the Portless Inventory Protection FAQs.
How to sign up
Log in to the Merchant Admin Portal.
Navigate to the Portless Protect tab and click Inventory Protection. This routes you to a product and service overview:
Current inventory value
A slider that displays your calculated weekly premium based on your selected coverage amount
Policy highlights
Full protection coverage details
Click on the Upgrade My Protection Coverage button to opt in.
A pop-up box of your coverage summary appears. On the same page, read the AGREEMENT FOR INVENTORY RESPONSIBILITY.
Type your full name in the box found at the bottom of the page once the agreement has been reviewed.
Click on the I Agree button to complete the sign-up process.
How it works
View your inventory value - You can check your current inventory’s COGS value directly in your Portless dashboard.
Choose your coverage - Decide what percentage of your total COGS value you want to protect. You can’t protect more than the value of your inventory in stock.
Pay a weekly premium
Receive coverage under updated terms - In the event of damage or loss, Portless will process your coverage based on what we receive from our own insurance provider, up to a defined limit (the lower of $25,000 or your actual protected COGS value).