Insurance for Perishable Goods
UIB GROUP
MARINE
PERISHABLE GOODS COVER
FACT SHEET
Using our considerable experience in the field of
Produce, United Insurance Brokers have structured an extensive wording specifically for companies involved with Perishable Goods. Growers, producers, buyers, packers, shippers and any business with an interest in Produce and Perishable Goods may benefit from this Cover.
Our knowledge of the Produce sector tells us that coverage, product valuation and claims service are of paramount importance. The United Insurance Brokers
Perishable Goods Cover addresses all of these subjects. COVERAGE
The extremely comprehensive wording that United
Insurance Brokers have placed provides coverage for; All loss of, deterioration of and/or damage to the subject matter insured arising from any cause, including inherent vice, which the insured believes to have arisen during the currency of the insurance and/or which manifests itself thereafter.
Delay is included as a proximate cause of loss, deterioration and/or damage in a variety of circumstances. Among these circumstance are:
• the actions of strikers and/or rioters
• any act of terrorism and/or political sabotage
• late arrival and/or departure of carrying conveyances The very wide Specific coverage enhancements include: • heating, sweating and spontaneous combustion
• ammonia/cooling agent contamination
• incorrect management of atmospheric conditions • human failure to operate temperature control/controlled atmosphere equipment properly • power supply failure including failure of or disruption to electrical power provided by public utility or other supplier
• in certain circumstances coverage may also be offered against Rejection and chemical damage after harvest
As an alternative, pricing can also be offered for more basic coverage provided by the Institute
Frozen Food Clauses (A) CI. 263 1.1.86 (24 hour breakdown) amended appropriately for non-frozen goods. The time
MARINE
PERISHABLE GOODS COVER
FACT SHEET
Using our considerable experience in the field of
Produce, United Insurance Brokers have structured an extensive wording specifically for companies involved with Perishable Goods. Growers, producers, buyers, packers, shippers and any business with an interest in Produce and Perishable Goods may benefit from this Cover.
Our knowledge of the Produce sector tells us that coverage, product valuation and claims service are of paramount importance. The United Insurance Brokers
Perishable Goods Cover addresses all of these subjects. COVERAGE
The extremely comprehensive wording that United
Insurance Brokers have placed provides coverage for; All loss of, deterioration of and/or damage to the subject matter insured arising from any cause, including inherent vice, which the insured believes to have arisen during the currency of the insurance and/or which manifests itself thereafter.
Delay is included as a proximate cause of loss, deterioration and/or damage in a variety of circumstances. Among these circumstance are:
• the actions of strikers and/or rioters
• any act of terrorism and/or political sabotage
• late arrival and/or departure of carrying conveyances The very wide Specific coverage enhancements include: • heating, sweating and spontaneous combustion
• ammonia/cooling agent contamination
• incorrect management of atmospheric conditions • human failure to operate temperature control/controlled atmosphere equipment properly • power supply failure including failure of or disruption to electrical power provided by public utility or other supplier
• in certain circumstances coverage may also be offered against Rejection and chemical damage after harvest
As an alternative, pricing can also be offered for more basic coverage provided by the Institute
Frozen Food Clauses (A) CI. 263 1.1.86 (24 hour breakdown) amended appropriately for non-frozen goods. The time