Machinery breakdown:

Deterioration of stock

When your stock deteriorates, the king’s got your back

In a nutshell

With King Price, you won’t have any shortage of cover for what happens when the lights go out. You can trust us to be reliable when it comes to protecting your business in the event of goods deterioration due to certain unplanned incidents.

Machinery breakdown: Deterioration of stock cover

Buy the best cover in town, when you join our royal family

You’re covered against the deterioration of the goods inside the refrigeration chamber/s at your premises, resulting from refrigerant contamination and the sudden and unforeseen physical damage to your insured property or interruption of the public power supply at the terminal ends of the supply authorities’ service feeders at the premises.

Loss or damage to property due to or caused by

  • Improper storage and damaged packaging.
  • Incorrect storage temperature.
  • Penalties, consequential loss and liability.
  • Power supply interruptions.
  • Shrinkage, and inherent and natural causes.
  • Temporary repairs.
  • Willful acts/negligence.
  • The deterioration or putrefaction of stock.
  • Contamination and pollution of wine stock.