Shopkeeper Insurance

Shopkeeper Insurance

This is a package policy specially designed for small shopkeepers. It is a single policy combining the various insurance requirements of shopkeepers. This policy can be taken by small shopkeepers whose shop building value and contents value does not exceed Rs. 10 lacs. shops selling goods where minor repair work is carried on incidental to the main business of selling, can take this policy

We arrange insurance cover for shopkeepers with a package

Building & Contents

Covers shop building and/or contents therein against loss or damage caused by Fire & Allied perils i.e.
1. Fire, lightning, explosion of gas in domestic appliances
2. Bursting and overflowing of water tanks, apparatus or pipes
3. Aircraft or articles dropped therefrom
4. Riot, strike, malicious damage, terrorist act
5. Earthquake-Fire and/or shock, subsidence and landslide (including rockslide)
6. Flood, Inundation, Storm, Tempest, Typhoon, Hurricane, Tornado or Cyclone.
7. Impact damage by rail/road vehicle not belonging to the insured.

Burglary & Housebreaking

It’s not something you want to think about, but what would happen if a burglar cleans out your inventory? That’s where the burglary insurance policy chips in. This policy covers property contained in business premises, stocks owned or held in trust against the risk of burglary. It also covers cash, valuables, securities kept in a locked safe or cash box in locked steel cupboard on specific request.

Money Insurance

Covers loss of money in transit, loss of money/valuables whilst contained in a locked safe, loss of money contained in cashier's till and/or counter by burglary/housebreaking.

Pedal - Cycles

Covers loss/damage to pedal cycles belonging to insured by:
1. Fire, lightning or external explosion.
2. Riot, strike, malicious or terrorist act.
3. Burglary and/or Housebreaking or theft
4. Accidental external means
5. Flood, cyclone, storm, tempest, and other similar convulsions of nature and atmospheric disturbance
6. Earthquake Fire and shock This section also covers legal liability of insured for death/injury to third parties or damage to their property arising out of use of the insured pedal cycles.

Plate Glass Insurance

Covers loss of or damage to fixed plate glass in insured's shop by accidental means.

Neon Sign/Glow Sign

Covers loss of or damage to neon sign/ glow sign by :
1. Accidental external means
2. Fire, lightning or external explosion or theft.
3. Riot, strike, malicious or terrorist act
4. Flood, inundation, storm, tempest, typhoon, hurricane, tornado, cyclone.

Baggage Insurance

Covers loss or damage to accompanied personal baggage of insured or baggage in connection with his trade, whilst anywhere in India, by accident or misfortune.

Personal Accident

Covers insured and spouse and/or his children, named in the schedule and aged between 5&70 years, against bodily injury caused solely and directly by accident and resulting in death or permanent total or partial disablement or temporary total disablement within 12 calendar months of such injury.

Fidelity Guarantee

Covers direct pecuniary loss suffered by the insured due to fraud or dishonesty committed by any of insured's salaried employees.

Public Liability

1. Legal liability in respect of accidental death or bodily injury to a third party or accidental damage to their property during performance of any act in connection with insured's business.
2. Compensation to insured's employees under Workmen's Compensation Act or Common Law.

Loss of Profit

Covers loss of profit due to interruption of business consequent upon loss or damage sustained by property insured under Section I of the policy due to insured perils.