General InsuranceShop Keeper Insurance
WHAT IS SHOPKEEPER INSURANCE?
A shopkeeper insurance policy provides coverage to small and medium shop owners against any damage or loss caused to the shop or its content due to unfortunate events like fire, flood, earthquake, riot, burglary, etc. It also takes care of liability claims.Thus, a shop insurance policy provides peace of mind and helps handle any untoward incident with ease
Why is Shopkeeper’s Insurance Policy required?
Continuity of business is a basic requirement for survival of business and for providing financial stability to its owner. Hence it becomes very important to secure this means of livelihood. To safeguard a small & medium- sized shop owner from various risks related to its shop & contents (for e.g. fire, burglary, money, machinery & equipment breakdown etc.), a comprehensive insurance policy is required.
We also provide coverage against-
Baggage
Fixed Glass and Sanitary Fittings
Neon Sign/Glow Sign/Hoarding
Infidelity/ Dishonesty of employees
Legal Liability- Towards employee
Legal Liability- Towards Third Party
Add on covers available with the policy-
Under section I i.e. Standard Fire & Special Perils
1) Escalation in value of fixed assets
2) Terrorism
3) Loss of rent to the owner of premises as a result of cover provided under this section
4) Rent for alternative accommodation following a loss under this section as a result of which the premises becomes uninhabitable and hence has to be temporarily shifted.
