Multiple choice

Which of the following is NOT covered under Spoilage Material Damage?

  1. loss of stock in process

  2. loss of stock in godowns

  3. damage to machinery

  4. damage to containers & equipment

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The cover shall extend to loss of Profits arising out of the spoilage, i.e. interruption of business solely as a result of (i) loss of stock in process; and (ii) damage to machinery containers and equipment.