Protection in the event of stock deterioration
Our optional chilled and frozen stock insurance covers you for up to £5,000 in losses due to deterioration, contamination, or putrefaction of inventory stored in frozen food cabinets, deep freezers, cold rooms, cold stores, refrigerators, and chilled units.
In addition to unplanned electricity supply interruptions, our deterioration of stock insurance will also cover spoilage due to breakdown or damage to a fridge, freezer or thermostat, and even refrigerant fumes that escape from the appliance.
As with all types of insurance, there are some exceptions. Freezers over eight years old are not covered. Freezers over five years must be maintained annually by a qualified electrical engineer.
Other examples of exclusions include:
- Power supply interruptions that do not exceed sixty consecutive minutes.
- Faulty packaging or stowage of stock
- Damage caused by vermin or insects
If you are concerned about the loss of personal possessions from your premises, in addition to business inventory, we can provide personal possessions insurance separately.
For more information on our chilled frozen stock insurance, get in touch today. Call 01284 736 874, or complete our enquiry form.