A shop insurance policy is specifically designed for small and medium-sized shop owners to provide cover against damage or loss of the structure of the shop and its contents. Shop insurance covers financial loss incurred due to unfortunate events like fire, flood, earthquake, riot, and burglary of cash placed in a safe place or while it is in transit from shop to bank or vice-versa.
Key Features & Benefits of Shop Insurance
FAQ's
Shop insurance is designed to protect your business from the key risks. As one’s business is always exposed to certain risks such as potential liabilities towards property and people, items within the building, the income etc. All these are covered under this policy, where the insured is compensated for the loss.
Shop insurance is designed to protect your business from the key risks. As one’s business is always exposed to certain risks such as potential liabilities towards property and people, items within the building, the income etc. All these are covered under this policy, where the insured is compensated for the loss.
If you are a retailer, providing utmost protection to the business, customer and employees are your responsibility. You can’t ignore the risk of damage or theft of stock, along with the other incidents which can impact adversely on your business. That’s why you need shop insurance to ensure the future and finances of your business is well protected.
The level of coverage you need will depend on the insurance needs of yours. That’s why it’s better to analyse the requirement first, then buy.