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Machinery breakdown insurance: Deterioration of stock

Make sure that deteriorating stock doesn’t impair your business… With King Price

In a nutshell

Unexpected power cuts? Electricity shortages? We all know that the grid can be unreliable but, 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.

Cover included

Whats covered by the king

  • Unforeseen and sudden fortuitous physical damage to the insured property
  • Contamination by refrigerant, as a result of physical damage to the refrigeration installation
  • Sudden and unforeseen interruption of the public power supply, at the terminal ends of the supply authorities service feeders at the premises

Optional cover

Cover more pay a little more

You may choose to add any of the following options to your basic Machinery breakdown insurance: Deterioration of stock. If so, it will only be insured if it's noted separately on your policy schedule, and an additional premium is paid for it.

  • Contamination and pollution of wine stock

Why choose King Price

Best for your business and best for brokers

Proactive claims service

We have a team of claims specialists at your disposal, every step of the way. Our underwriting, new business and claims teams are dedicated to delivering award-winning royal service in order to give you peace of mind cover. We keep you up to date and in the loop during the entire process.

Competitive premiums

Price is king, bottom line. And even in business we understand that this is important. We also understand that your company is unique, and you deserve the best possible premium with absolutely no compromise on the cover given. Same insurance cover, just cheaper.

People

Your business is not just a number. That's why our royal family aims to build a personal relationship with you by staying focused, and showing real passion and enthusiasm in our business with you, your clients and the industry. This allows us to build a culture of promise, award-winning royal service and affordable cover.

Strong relationships

Your business is our business, and that's why we offer more than just insurance. We take your side and our partnerships very seriously. We believe in building an open, clear and honest relationship that enables the development of successful collaboration with our kingly clients.

Independence

As 1 of the fastest growing independent insurers, King Price has all the right connections to keep you connected to success. We're supported by the big guys, in the form of incredible investors. And, we always aim to deliver the best service to everyone, even the little guys.

Rapid response

Time is money, and making money is your business. That's why King Price offers royal award winning service in the blink of an eye. We service your needs with the right team, expertise and understanding, without compromising on quality or value. As part of our family, you'll have award-winning royal service at your beck-and-call.

Get the cover your business deserves, right now! Leave your name and number at the top of the page, and 1 of our kinsmen will call you back as soon as you're available. You can also talk to your broker about getting cover that suits your business best.