Q1: Which businesses should invest in Shop and Small Business Insurance?
Aman Patni2024-08-07T16:37:58+05:30Independent shopkeepers, family business owners, shops in prime locations, high-risk businesses, and multiple shop owners should invest in shop insurance for protection against unforeseen risks.
Q2: What are the optional covers to be clubbed with Shop Insurance?
Aman Patni2024-08-07T16:40:11+05:30Optional covers include earthquake, escalation, and terrorism protection, which can be added to enhance your policy.
Q3: What is Loss of Money cover?
Aman Patni2024-08-07T16:40:52+05:30Loss of Money cover protects against the loss of cash during transit between the shop and the bank due to theft or robbery.
Q4: What are the exclusions of Shop insurance?
Aman Patni2024-08-07T16:41:31+05:30Common exclusions include losses from war, pollution, insider theft, equipment wear and tear, and pre-existing faults.
Q5: What does shop insurance cover?
Aman Patni2024-08-07T16:43:52+05:30It covers property damage from fire, theft, natural disasters, liability claims, equipment breakdowns, and more.