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Part P – Deterioration of Stock

Section 1 – Special Definitions

Accident
a) Rise or fall in temperature in the cold chambers of the Refrigeration Plant at the premises as a
direct result of:
i) sudden and unforeseen damage to the Refrigeration Plant or non-operation of its controlling
devices by any cause not otherwise excluded
ii) failure of the public supply of electricity at the terminal ends of the supplier’s service feeders at
the premises
iii) failure of the electrical installation connecting the Refrigeration Plant to the supplier’s
service feeders

b) action of refrigerant fumes escaping from the Refrigeration Plant.

Refrigeration Plant
Refrigerators and freezers advised to us.

Replacement Value
The cost of replacing the Stored Goods including the cost of any processing and packaging undertaken
by you.

Stored Goods
Chilled or frozen foods contained in the Refrigeration Plant or elsewhere at the premises and which
would have been contained in the Refrigeration Plant but for an Accident.

Section 2 – The Cover

In the event of deterioration, putrefaction or contamination of Stored Goods caused by an Accident we
will indemnify you in respect of:
a) their Replacement Value less any amount received by you from their sale
b) reasonable additional expenditure necessarily incurred for the sole purpose of avoiding or
diminishing the reduction in their value which but for such additional expenditure would have
taken place but not exceeding the amount of the reduction avoided

less any sum saved in respect of any costs or expenses which may cease or are reduced in consequence
of the Accident.

Our liability will not exceed in respect of any one item of Refrigeration Plant the sum insured stated in
the schedule.

2.1 Additional Costs
We will also indemnify you in respect of reasonable costs and expenses necessarily incurred by you
with our consent for:
a) obtaining a condemnation certificate issued by an environmental health officer as proof of loss in
respect of any valid claim

b) the disposal of Stored Goods for which a condemnation certificate has been issued as a result of an
Accident for which we have admitted liability

c) the cleaning or decontamination of the Refrigeration Plant following an Accident for which we
have admitted liability.
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