Deterioration of Stock

What is Deterioration of Stock

The cover indemnifies 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. 

Risk Covered:

Rise or fall in temperature resulting from breakdown of refrigeration plant and equipment at the premises.

Damage to the said plant and equipment by an incidental extraneous cause subject to the perils excluded.

A rise or fall in cooling temperature, the unforeseen and sudden escape of refrigerants into the cold-storage rooms.

Why I need DOS?

The insurance of stock in cold storage is important for you if you are:

  • an owner of cold-storage houses
  • user (tenant) of cold-storage houses
  • firms in which agricultural products are manufactured or processed
  • meat and fish processing industry
  • food preservation industry
  • chemical and pharmaceutical industry

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