Deterioration of Stock

Protection for temperature-controlled goods with deterioration of stock insurance

When it comes to the storage of certain goods, such as food produce and medical supplies, temperature control can be a critical factor. And when equipment failure, power outages and failure of temperature regulation occurs, stock can be damaged or destroyed, causing significant financial loss for businesses.

Deterioration of stock can arise from:

  • breakdown
  • accidental damage
  • refrigerant contamination
  • failure of utilities

We can insure the deterioration of stock in isolation or combine it with, for example, material damage to the refrigeration machinery and control equipment.

Contact us

For more information on cover for deterioration of stock, contact your NMU Development Underwriter.


15/06/22

News: War and Strikes Risks Update | 22nd June 2022

Although various risk scores have been updated this month – as they are every month – there... read more

14/06/22

News: A Review of Cargo Crime in 2021

In 2021, the evolving supply chain landscape, characterised by a pandemic, an opening up of the economy... read more

08/06/22

News: Wellness days – 16th and 17th June

Since 2020 we have given our colleagues well-deserved wellness days, where we encourage everyone to take the time out... read more