Deterioration of Stock In Cold Storage

This Policy shall only apply if 

1. the refrigeration machinery specified in the list of machinery attached to the questionnaire and proposal of this Policy is insured under a machinery breakdown policy in force; 
2. the insured refrigeration machinery specified in the aforesaid list of machinery is under constant supervision by qualified personnel or is connected to an automatic alarm system in a constantly attended location; 
3. the stock is not stored in “controlled atmosphere” chambers; 
4. at the time of the loss or damage the goods are stored in the refrigerating chambers;
5. the Insured maintains on a daily basis a stockbook in which the type, quantity and value of the goods store and the beginning and the end of the storage period are entered for each refrigerating chamber separately; 
6. during the entire period of storage the Insured records in a log-book the condition of the insured goods and at least three temperature readings per day from each refrigerating chamber, the accuracy of the temperature readings being checked by means of a calibrated, independent reference thermometer at least every 14 days.

• Loss or damage due to fire, lightning and allied perils
• War and kindred risks
• Restrictions imposed by any public authority
• Consequence of nuclear reaction, nuclear radiation or radioactive contamination

Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.