Deterioration of Stock Insurance

Deterioration of Stock Insurance

For businesses utilizing cold storage facilities to store goods, this is the ideal policy for you. We understand the risks of the smallest change in temperature for storage of items such as food, pharmaceuticals or even flowers in cold storage due to mechanical failures, and the rapid deterioration such stocks would undergo in such unforeseen situations.

Insurance for all from the largest & strongest National Insurer
Benefits
Deterioration of stock

Deterioration of stock due to a change in temperature as a result of mechanical failure

Damage of stock

Damage of stock due to leakage of storage unit

Eligibility
  • Policyholder should have an insurable interest on the asset
  • Policyholder should be eligible to sign an insurance agreement as per the legislation framework of Sri Lanka
  • Insuring property / assets should be within the geographical limits of Sri Lanka
Why should I select Sri Lanka Insurance as My Insurance Partner?

Sri Lanka Insurance is the pioneer insurance company in the island with a history spanning 57 years. Being backed by the state has added to its strength and credibility while it has the most experienced technical knowledge base. Its Life Fund in excess of LKR 116 billion and asset base of over LKR 211 billion are unmatched in the industry.

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