How to Initiate the Claims Process

In the unfortunate event of a covered peril, follow these steps:

• Immediate Intimation: Contact India Advocacy or ICICI Lombard immediately.
• File FIR (if applicable): For claims involving theft, burglary, or malicious damage, file a First Information Report (FIR) with the police.
• Document Everything: Take clear photographs or videos of the damage before any repairs or cleanup.
• Submit Claim Form: Fill out the provided claim form with accurate details of the incident and the loss.
• Provide Proofs: Submit all supporting documents, such as the FIR copy, original bills for lost/damaged goods, repair estimates, and any other documents requested.

Insurance Coverage Details

1. Fire and Allied Perils: Covers losses from accidental fires, lightning, explosions, riots, and civil disturbances.
2. Burglary and Theft: Essential to protect against financial losses from theft or burglary, including break-ins and damage caused during attempts.
3. Public Liability: Safeguards you against legal liability from injury or property damage to third parties on your premises.
4. Goods In Transit: Protection for your goods while they are in transit, either to or from your shop.
5. Money Insurance: Coverage for loss of money in transit (e.g., to the bank) or loss of money from your shop's till or safe.
6. Plate Glass: Provides coverage for damage to large glass windows or doors, common in storefronts.
7. Business Interruption: Compensates for lost income if your shop's operations are disrupted due to insured perils.
8. Optional Add-Ons: Flexible options like Employee Theft and Neon Sign Coverage.

Essential Documents for Application

To get your Shop Keeper Insurance, please have the following documents ready:

• Proof of Business: Shop & Establishment Act license, GST Registration Certificate, or Udyam Registration.
• Business Address Proof: Utility bill (electricity, water) or Rent Agreement in the name of the shop.
• List of Assets: A declaration of the value of stock, furniture, fittings, and other contents you wish to insure.
• KYC Documents: PAN Card and Aadhaar Card of the proprietor/partners.

Optional Add-Ons

Customize your policy with flexible, tailored coverages:

• Employee Theft: Protects against financial losses caused by dishonest employees.
• Neon Sign Coverage: If your shop uses neon signs, this add-on ensures they are protected from damage or theft.
• Electronic Equipment: Enhanced coverage for specific high-value electronic equipment like POS systems, computers, or specialized machinery.

Fire & Allied Perils Coverage

This coverage protects your shop and its contents from losses or damage caused by:

• Fire: Accidental fires originating within or outside the premises.
• Lightning: Damage resulting directly from lightning strikes.
• Explosion / Implosion: Damage from explosions, including domestic gas cylinders.
• Riots, Strikes & Malicious Damage: Losses caused by civil disturbances or malicious acts.

Burglary & Theft Coverage

This coverage is essential to protect against financial losses resulting from:

• Theft or Burglary: Loss of stock, goods, or business assets due to a break-in.
• Attempted Theft: Damage caused to your shop's premises (like broken locks or doors) during a theft attempt.