Protecting your Inventory with Portless Inventory Protection

Learn how Inventory Protection helps cover a portion of your inventory’s COGS value, when it applies, and how to enable it in the Merchant Admin Portal.

March 11, 2026

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

1. Log in to the Merchant Admin Portal.
2. 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
3. Click on the Upgrade My Protection Coverage button to opt in.
4. A pop-up box of your coverage summary appears. On the same page, read the AGREEMENT FOR INVENTORY RESPONSIBILITY.
5. Type your full name in the box found at the bottom of the page once the agreement has been reviewed.
6. Click on the I Agree button to complete the sign-up process.

How it works

1. View your inventory value - You can check your current inventory’s COGS value directly in your Portless dashboard.
2. 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.
3. Pay a weekly premium
4. 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).