Shop Owner Insurance

Shop insurance protects your shop from unexpected losses. Whether you run a medical shop, retail store, stationery, or electronic business, our shop insurance policies cover physical damage to your building, stock, and equipment. We have 10+ top insurers who have you covered.

Why Shop Owners Choose Our Insurance

Shop Insurance Coverage

• Shop insurance provides comprehensive coverage for loss or damage caused to your building, structure, and business assets and inventory
• We offer insurance for shop owners with 4 plans based on your sum insured amount:
  • Standard policy Up to ₹5 Crore: Sookshma Udyam Suraksha (designed for small shops and startups)
  • Standard policy ₹5-50 Crore: Laghu Udyam Suraksha (for growing businesses)
  • Above ₹50 Crore: Standard Fire Special Peril (SFSP)
  • Comprehensive Package policy: Up to 50 crore (Provides fire as well as addon coverages like burglary, money insurance, public liability)

Stock & Asset Protection

• Insurance for stock in shops covers finished goods, semi-finished stock, raw materials, and packing materials stored in your premises.
• Plant and machinery, furniture, fixtures, and office equipment are all protected under the same insurance policy for shops.
• Medical shop insurance specifically covers high-value pharmaceutical inventory and regulated medical supplies.

Comprehensive Event Coverage

• Fire, explosion, and implosion damage is covered.
• Natural calamities, including earthquakes, storms, cyclones, floods, and landslides, are protected.
• Loss or damage from riots, strikes, and malicious acts is covered.
• Terrorism coverage is available as per the policy clause.
• Theft coverage within 7 days of any insured event (subject to documentation).
• Bursting or overflowing of water tanks, pipes, and apparatus damage is included.
• Money insurance coverage for your safe.

Smart Protection Features

• Underinsurance waived up to 15% - you're protected even if asset values increase.
• Money Insurance covers up to 5% of your total Sum Insured.
• Fidelity insurance for your asset protection.
• Complementary Burglary coverage for forced entry and lock damage

Fast Claims & Support

• Simple claim process: Notify within 30 days and submit documents.
• Professional survey and inspection support provided.
• Reinstatement/replacement value payout (not depreciated).