Shop/ Office Insurance

The Shopkeepers/ Office insurance policy gives covers all the risks and contingencies faced by small to medium shop owners. It provides protection for the property and the interests of the insured and his partners in the business venture.
However the shop owner should not be dealing in hazardous goods and the shop should not be a Kuchha construction.

Note: Shops that implement manufacturing processes do not qualify for the Shopkeepers' Insurance policy.

Risks covered

This policy is divided into various sections
Fire and allied perils (shop building and its contents).
Burglary and housebreaking.
Money stored in transit/ counter/ safe

Pedal cycle
Plate glass
Neon and glow signs
Baggage Insurance
Personal Accident
Fidelity of the employees
The owner's public liability
Workmen's compensation liability
Interruption of business.

Exclusions

• Any misdemeanour involving any partner or employee of the insured or his family member as principal or accessory will not be compensated.
• Any loss or damage to the pedal cycle insured if and when it is not securely locked, when unattended or overloaded will not be compensated.
• Regarding plate glass breakage or damage during removal, alteration and/ or repairs, breakage of lettering, breakage or damage to the frames or framework will not be covered.
• Disfiguration or scratching or damage other than a fracture extending through the entire thickness of the glass is not covered.
• Embossed, silvered, lettered, ornamental, curved or any glass that is not plain and of ordinary quality.
• Breakage of glass that is not securely fixed.
• Loss or damage consequent to interruption or delay of business arising from replacement or breakage of glass will not be provided for.
• Regarding neon and glow signs, the liability posed by earthquakes or fusing or burning out of bulbs, short circuits, mechanical or electrical faults is not payable.
• Regarding baggage loss, any loss caused by scratching, breakage of lenses, china, marble, records, brittle and fragile articles, damage caused by mildew, worming, cleaning processes, dyeing, repairing and restoring, theft from unattended and unlocked cars is not payable.
• Regarding fidelity guarantee, any infidelity by a person other than a salaried employee of the insured is not insured.
• Regarding covering third party liability of the insured, any liability assumed by the policyholder as well as injuries caused to animals or vehicles are not payable.
• Regarding covering risks and liabilities towards the Workmen's Compensation Act, any interest or penalty imposed upon the insured will not be payable.
• Regarding covering loss of business due to interruption caused by fire and allied perils, the insurers are not liable for consequential losses to securities, obligations or documents, stamps, coins, paper money, books of accounts, other business books, computer records, manuscripts, plans, drawings or designs, patterns, moulds or patented designs.Premiums quotes are available on demand.
• To Apply for Cheaper online Premium Rates online Compare on House/ Home Insurance Policy Click here.