Deterioration of Stock

Deterioration of Stock
Deterioration of Stock

Deterioration of Stock Insurance

Deterioration of Stock insurance policy covers the insured against physical loss or damage to stocks such as frozen foods and other chilled and frozen items which are destroyed due to unforeseen or sudden breakdown of refrigerating equipment.

Cover can be extended to include:
  • Repairing or replacing machinery
  • Arranging disposal or early transfer of stock
  • Increased costs of working
  • Spoilage
.