Shopkeepers Insurance

The Shopkeeper’s Insurance is a combination of eleven sections covering risks faced by shopkeepers/traders. The policy covers building, contents, money, pedal cycle, plate glass, signs, baggage, personal accident, fidelity guarantee, liability and business interruption. While Section IB and II are compulsory, the client should opt for two more from the other sections The shop Owners of Retail chain, Shopping Arcades & Complex, Shops/Showrooms, Dealers where the Sum Insured of the building and contents together does not exceed Rs. 2 crores may buy the policy

Not Covered Fireand Allied Perils Lossof or damage to live stock motorvehicles and pedal cycles Lossof/damage to money,securities,stamps,bullion,deeds, bonds,bills of exchange,promissory notes,stock and share certificates,business books,manuscripts,documentsorany kind unset precious stones and jewellery and valuables unless specifically declared Burglary,House- Breaking,larceny and theft Loss/damage where any employee of the insured or member of the insured’s family is concerned as principal or accessory Loss of/damage to livestock, motor vehicles and pedal cycles Lossof/damage to money securities stamps,bullion,deeds, bonds,bills of exchange,promissory notes,stock and share certificates,business books,manuscripts,documentsorany kind unset precious stones and jewellery and valuables unless specifically declared Money Insurance Loss/damage where any employee of the insured or member of the insured’s family is concerned as principal or accessory or arising from fraud/dishonesty committed by employees carrying money Shortage due to errors and omissions Loss of money from safe following the use of the its original/duplicate key unless the key has been obtained by assault or violence PedalCycle Loss/damage while the cycle is being used for hire or reward or outside India Overloading strain or mechanical breakdown Theft of accessories if not accompanied by stealing of the cycle Loss/damage while being used for racing or pacemaking PlateGlass Breakage/damage during removal,alterations,repairsonthe premises Breakage of lettering only unaccompanied by breakage of glass Breakage of frames unless specifically declared Disfiguration/scratching/damage of glass other than fracture which extends through the entire thickness of glass Embossed,silvered,lettered,ornamental curved or any glass whatsoever unless specifically declared The policy covers various sections related to shop owners risks .For any queries please mail us at nandainsurance9@gmail.com