The Risk

The Indian Growth Story cannot be completed without the mention of Retail Industry which is a pillar of the economy and contributes to approximately 15% of GDP. A significant part of this Retail Industry is formed by small and medium sized owner manned shops. These shops are faced with various risks related to Property Damage, Business Interruption and Public Liability.

The Solution

The Shopkeepers Policy is a package policy designed to cater to the risk requirements of small and medium sized shopkeepers. Under this package policy, a number of contingencies are combined, which are usually covered as separate policies. The Sum Insured of the policy depends on the valuation of the shop and its contents including the electrical and mechanical appliances

The Cover

The Shopkeepers Policy is a comprehensive Package Policy comprising of the following important coverages. Shopkeepers can pick and choose coverages to design a policy that meets their needs specifically.

The Coverages offered are:

  • Fire & allied perils – Building and Contents
  • Burglary & Robbery – Contents
  • Money in safe
  • Money in transit
  • Plate Glass
  • Breakdown of business appliances/apparatus/equipment
  • Neon Sign / Glow Sign
  • Electronic Equipment
  • Fidelity Guarantee
  • Personal Accident
  • Public Liability /Workmen Compensation
  • Business Interruption

For Further Information Contact:

Debasish Mukherjee

Sr VP & Head – Corporate Business


+91-22-6655 8868