This policy provides insurance coverage for frozen goods against damage or spoilage resulting from the breakdown of refrigerators or freezers, helping you avoid unexpected losses and ensuring the continuity of your business.
Deterioration of Stock Insurance
Deterioration of Stock Insurance
This policy provides insurance coverage for frozen goods against damage or spoilage resulting from the breakdown of refrigerators or freezers, helping you avoid unexpected losses and ensuring the continuity of your business.
Why is this insurance important?
Deterioration of Stock Insurance offers comprehensive financial protection against losses caused by sudden failures in electrical appliances such as refrigerators and freezers. It guarantees compensation for the value of food, medicines, or sensitive materials that may be damaged due to power outages or mechanical/electrical breakdowns, safeguarding your business continuity and giving you peace of mind.
Basic scope of coverage:
- Damage to stored stock: Spoilage of food, medicines, or sensitive materials inside refrigerators and freezers as a result of cooling interruption.