This is a package insurance policy for shopkeepers covering their shop/showroom and stock-in-trade assets under different sections so as to make it a comprehensive deal. Apart from covering various assets under different sections Insurers give some discount on the total premium for opting more than 4-6 sections.
What is covered under the shopkeeper policy?
The shop/showroom and its contents are covered for fire and allied perils. The contents are also covered for burglary risk. Various equipment and electronic gadgets are also covered for electrical breakdowns. Money in safe, during transit is also covered. Plate glass, neon sign boards and fidelity guarantee of the employees are also covered under various sections. Personal accident and personal liability also gets covered under the package policy.