Damage Caused Due To Not Maintaining Requisite Temperature In Storage, Insured Not Entitled To Any Relief; NCDRC - Insurancenews.co

In this case, the insured was engaged in cold storage business. The Insured obtained Standard Fire and Special Perils Policy, Machinery Insurance Policy, Fire Declaration Policy, and Deterioration of Stocks (Potatoes) Insurance Policy, for a sum of Rs.106764000/- on Potatoes stored in the cold storage, from the Insurer. The potatoes stored in the cold storages […]