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Deterioration of Stocks (DOS)

Deterioration of Stock policy:

This insurance covers various items such as potatoes, shrimps, frog legs and fishes against loss of damage caused due to any deterioration or contamination occurring as a result of failure of electricity breakdown of machinery etc. subject some exceptions and excesses.

The main exclusions under DOS Policy are:-
Shrinkage, inherent defects or diseases normal deterioration or natural putrefaction Loss or damage due to improper storage, insufficient circulation of air. Non-uniformity temperature, consequential loss or liability, loss due to nuclear, reaction, nuclear radiation or radioactive contamination. Fire &/or lightning, theft Earthquake, Cyclone, Floodother natural catastrophes.

Loss or damage directly or indirectly due to war, invasion, hostilities riot, strike lockout & civil commotion.