
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,
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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

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