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Deterioration of Stock (DOS) Insurance

Deterioration of Stock (DOS) Insurance

The Insurers agree with the Insured that, if at any time during the period of insurance stated in the Schedule — or during any subsequent renewal period for which the Insured pays and the Insurers accept the premium — the goods specified in the Schedule suffer loss or damage caused by deterioration due to any unforeseen and sudden physical loss or damage to the machinery listed under this Policy, and such machinery damage is indemnifiable under a valid Machinery Breakdown Policy,

Coverage

Factors

News

Coverage

The Insurers agree with the Insured that, if at any time during the period of insurance stated in the Schedule — or during any subsequent renewal period for which the Insured pays and the Insurers accept the premium — the goods specified in the Schedule suffer loss or damage caused by deterioration due to any unforeseen and sudden physical loss or damage to the machinery listed under this Policy, and such machinery damage is indemnifiable under a valid Machinery Breakdown Policy,

then the Insurers will indemnify the Insured for such deterioration in the manner and to the extent provided herein, up to an amount not exceeding:

  • For each item specified in the Schedule — the sum insured stated opposite thereto.

  • In any one year of insurance — the maximum amount per item as stated in the Schedule.

  • In total — the aggregate sum insured, unless the sum insured has been reinstated.

Coverage

Factors

News

Coverage

The Insurers agree with the Insured that, if at any time during the period of insurance stated in the Schedule — or during any subsequent renewal period for which the Insured pays and the Insurers accept the premium — the goods specified in the Schedule suffer loss or damage caused by deterioration due to any unforeseen and sudden physical loss or damage to the machinery listed under this Policy, and such machinery damage is indemnifiable under a valid Machinery Breakdown Policy,

then the Insurers will indemnify the Insured for such deterioration in the manner and to the extent provided herein, up to an amount not exceeding:

  • For each item specified in the Schedule — the sum insured stated opposite thereto.

  • In any one year of insurance — the maximum amount per item as stated in the Schedule.

  • In total — the aggregate sum insured, unless the sum insured has been reinstated.

Pioneer Best has given us the following rating:

‘AAA’ & ST-1 Credit Rating for the 13th Consequtive year

The Company has been assigned “AAA” rating by Alpha Rating

Why Choose Us?

Certified Insurance

In the new era of technology we look in the future with certainty and pride, that’s why so.

20+ Years of Experience

In the new era of technology we look in the future with certainty and pride, that’s why so.

24/7 Support Available

In the new era of technology we look in the future with certainty and pride, that’s why so.

Why Choose Us?

Certified Insurance

In the new era of technology we look in the future with certainty and pride, that’s why so.

20+ Years of Experience

In the new era of technology we look in the future with certainty and pride, that’s why so.

24/7 Support Available

In the new era of technology we look in the future with certainty and pride, that’s why so.

Get an insurance

quote to get started!

Contact us today to experience the difference of working with a trusted insurance provider.

Caring for you, forever

Headoffice

Rangs Babylonia (5th Floor),
246 Bir Uttam Mir

Shawkat Sarak,

Tejgaon, Dhaka-1208,

Contact

T: 8878901(Hunt)

F: 8878913, 8878914

M: piclho@gmail.com

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Linkedin

Twitter (X)

The information on this website is for general purposes only and is not a substitute for professional advice. Pioneer Insurance PLC (“Pioneer Insurance”) strives for accuracy but does not guarantee the completeness or reliability of the content. Insurance products and services are subject to specific terms, conditions, and eligibility requirements, which may vary. All applications for insurance are subject to underwriting approval. We are not responsible for third-party websites linked to this site. By using this website, you agree to the terms and conditions, and any disputes will be governed by the laws of Bangladesh.

'AAA' Rating for 9th Consecutive Year

© 2025 Pioneer Insurance PLC. All rights reserved. No part of this website may be reproduced without prior written permission from Pioneer Insurance.

Privacy Policy

Legals

Get an insurance

quote to get started!

Contact us today to experience the difference of working with a trusted insurance provider.

Caring for you, forever

Headoffice

Rangs Babylonia (5th Floor),
246 Bir Uttam Mir

Shawkat Sarak,

Tejgaon, Dhaka-1208,

Contact

T: 8878901(Hunt)

F: 8878913, 8878914

M: piclho@gmail.com

Socials

Linkedin

Twitter (X)

The information on this website is for general purposes only and is not a substitute for professional advice. Pioneer Insurance PLC (“Pioneer Insurance”) strives for accuracy but does not guarantee the completeness or reliability of the content. Insurance products and services are subject to specific terms, conditions, and eligibility requirements, which may vary. All applications for insurance are subject to underwriting approval. We are not responsible for third-party websites linked to this site. By using this website, you agree to the terms and conditions, and any disputes will be governed by the laws of Bangladesh.

'AAA' Rating for 9th Consecutive Year

© 2025 Pioneer Insurance PLC. All rights reserved. No part of this website may be reproduced without prior written permission from Pioneer Insurance.

Privacy Policy

Legals

Get an insurance

quote to get started!

Contact us today to experience the difference of working with a trusted insurance provider.

Caring for you, forever

Headoffice

Rangs Babylonia (5th Floor),
246 Bir Uttam Mir

Shawkat Sarak,

Tejgaon, Dhaka-1208,

Contact

T: 8878901(Hunt)

F: 8878913, 8878914

M: piclho@gmail.com

Socials

Linkedin

Twitter (X)

The information on this website is for general purposes only and is not a substitute for professional advice. Pioneer Insurance PLC (“Pioneer Insurance”) strives for accuracy but does not guarantee the completeness or reliability of the content. Insurance products and services are subject to specific terms, conditions, and eligibility requirements, which may vary. All applications for insurance are subject to underwriting approval. We are not responsible for third-party websites linked to this site. By using this website, you agree to the terms and conditions, and any disputes will be governed by the laws of Bangladesh.

'AAA' Rating for 9th Consecutive Year

© 2025 Pioneer Insurance PLC. All rights reserved. No part of this website may be reproduced without prior written permission from Pioneer Insurance.

Privacy Policy

Legals