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Deterioration of Stock

Wherever there is storage of goods in a refrigerated environment there is the risk of damage from a variety of causes. For example, there may be a failure in the power supply, impact damage caused by a forklift or simply a breakdown. This could result in a rise or fall in temperature. 

Deterioration of Stock insurance policy provides protection against the cost of unforeseen damage for goods owned and for goods in the care of our customers as a result of the rise or fall in temperature.

Key Features

  • Cover for damage to goods that are not in the cold chamber but would have been had the accident not occurred.
  • Cover for the action of refrigerant or refrigerant fumes that have escaped from the system.
  • Includes cover for the accidental failure of the public supply of electricity.

DISCLAIMER

The above is a brief information of the covers available under the Policy. Please request for a copy of the Insurer's Terms and conditions of the policy which shall be binding and considered as final basis for settlement of any dispute.