Deterioration of Stock in Cold Storage Insurance
This insurance covers destruction, loss or damage to frozen food, belonging to you or for which you are responsible, stored in any refrigerator, deep freezer or cold storage room occurring by deterioration or putrefaction directly caused by:
- A rise or fall in temperature as a result of mechanical or electrical breakdown of the refrigeration plant or accidental failure of the power supply undertaking.
- Accidental leakage of refrigerant or refrigerant fumes from any refrigeration plant.
Deterioration of Stock Insurance is offered on an optional basis under the Company’s policies for Shops (Shop Platinum, Shop Flex) at a very low cost.
For layer businesses, the insurance to offered under a separate policy.