307 - B Sai Complex, Above Hotel Giriraj Kathyawadi, GIDC Char Rasta Vapi. 396195.
Shopkeepers Package
All potential dangers and calamities that small- to medium-sized store owners may encounter are covered by the shopkeeper insurance policy. The property and interests of the Insured in the business endeavour are protected.
Benefits of the shopkeeper's package
Property Coverage
The danger of fire, explosion, earthquake, impact damage, riots, and other natural disasters is covered by this all-inclusive policy, as well as the risk to your buildings and contents. Under the terms of this package coverage, loss and damage resulting from break-ins and burglaries are also covered. The failure of mechanical, electrical, and electronic equipment is also covered.
Protection for Cash
Your business won’t be disrupted because of theft, robbery, or any other unforeseen occurrence since this insurance covers loss of money in transit between the insured premises and bank and vice versa. Money on the counter and in a safe are also protected.
Liability Insurance
Due to third party , property damage or bodily injury, this policy will protect you from legal liability. Additionally, the Shopkeeper’s Package Policy will shield you from legal responsibility under the Worker Compensation Act of 1923 and the Fatal Accident Act of 1855.
Cost-effective
Cost-effectiveness characterises this comprehensive policy. The cost of your premium will vary depending on the type of coverage you choose, the state of your valuables, and the security measures you take to protect them. If your security measures are adequate , it discounts the premium accordingly
FAQ
General Question
? What exactly is the shopkeeper's package?
A comprehensive variety of coverage is included in the shopkeeper's package insurance policy to lower the danger to your property and its contents. The risks covered by this insurance, which was created expressly for store owners, include fire, burglary, business disruption, accidents, and third-party property damage.
? Who seems to be insured with this policy?
As the name implies, only stores are covered by this policy. Any small business owner who has a facility and belongings that are susceptible to unforeseen events like plate glass, pedal cycles, money in transit, etc. can get this protection. However, this policy is not applicable to restaurants and coffee shops.
? How can I choose my amount of insurance under this policy?
The amount insured depends on the number of areas you want the insurance to cover. The insured amount may be determined by taking into account both the building's market value and the cost of the contents.
? What risks are insured by Shopkeeper's insurance?
The following risks are protected by the policy:
Lightning and fire
Water tanks and pipelines bursting
Strikes and riots
Terrorism
Natural catastrophes
? How do I submit a claim under the package coverage for shopkeepers?
If you wish to submit the claim, you must follow these steps:
1. Take the appropriate actions to reduce the loss or harm.
2. Within 24 hours of the damage, notify the insurance.
3. In the event of a theft or break-in, call the police.
4. If there is a fire, immediately notify the fire department.
5. Present the surveyor with the claim papers and pertinent paperwork.
Talk To Our Insurance Experts
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