Get complete protection against theft or natural disaster for your retail business.
Safeguard your retail business against theft, damage, and liability with affordable insurance solutions from Covrzy.
Our Trusted Partners
Insurance Policy to Cover Your Retail Business
Unbreakable Protection for Your Retail Store
Get comprehensive shopkeeper insurance to safeguard your assets against the unexpected. Whether you run a grocery store or a large mobile and electronics shop, we’ve got you covered.
What are the Risks Faced by Retail Businesses
Mall Fire Scare
A blaze at a popular Delhi shopping complex gutted multiple retail stores, spotlighting the high fire and earthquake risk shopkeepers face.
Cyclone Yaas Impact
Cyclone Yaas left several retail outlets in Odisha waterlogged, stressing the need for flood and cyclone insurance for shop owners.
Midnight Break-In
A series of burglary cases in Bengaluru’s busy market areas saw electronics and jewelry shops lose lakhs, highlighting theft vulnerabilities.
Insured Professionals: Who's Covered?
Customers & Third Parties
Retail business itself including owner, partners, and shareholders
Employees
Product and Asset protection
Inclusions
Burglary and Theft Coverage
Protects against losses due to theft or attempted theft from the premises.
Property Damage
Covers damages to the physical structure and contents of the store.
Public Liability
Provides coverage for legal liabilities arising from injuries to third parties or damage to their property on the premises.
Employee Health Benefits
Offers medical coverage for employees, including hospitalization and outpatient care.
Asset Protection
Insures valuable assets such as inventory, equipment, and machinery against risks like fire, theft, and natural disasters.
Exclusions
Intentional Damage
Does not cover damages caused intentionally by the insured.
Wear and Tear
Excludes normal wear and tear of machinery and equipment.
Product Recall
Does not cover costs associated with recalling defective products.
Employee Theft
Generally excludes losses due to theft by employees unless specifically covered.
War and Terrorism
Excludes damages resulting from acts of war or terrorism.
How are Retailers Covered with Insurance
Vikram Patel, the owner of a small kirana store in Ahmedabad, experienced a significant setback when a severe monsoon storm caused flooding in his area. The floodwaters entered his shop, damaging inventory worth ₹2 lakh and causing structural damage to the property. With shopkeeper's insurance, the retail industry can easily mitigate the financial impact of this disaster.
Secure your Small Business Today!
Covrzy’s Insurance for Manufacturers is here to safeguard your business in minutes. Connect with a Covrzy expert to craft your perfect insurance plan.
Frequently Asked Questions
What types of retail shops are covered?
A wide range of shops are covered which includes: grocery stores, kirana stores, mobile electronic shops, garments & apparel stores and medical stores & pharmacies. We also offer coverage for restaurants & cafes, salons & beauty parlors and many other small to medium-sized retail businesses.
What is burglary & theft insurance for shopkeepers?
Why do I need asset insurance as a small retailer?
Do you have more questions?
Contact us for any queries related to business insurance, coverages, plans and policies. Our insurance experts will assist you.
Complete Retail Coverage, From Fire To Theft
Don’t let your retail shop exposed to theft and disasters
