Covers the shop building and contents against fire and allied perils including earthquake. This section can be extended to include terrorism risk, if you so desire.

Covers all assets (excluding building and stock), portable equipments (excluding mobile phones) and travel baggage against all risks other than those specifically excluded. Coverage includes fire and allied perils, mechanical and electrical breakdown, accidental breakage and burglary and/or housebreaking. In case you opt for this section, Section I of the policy will cover only building and stock excluding all other assets; and coverage under Sections III (Mechanical and Electrical Breakdown), IV (Electronic Equipment), V (Burglary and Housebreaking) and XII (Baggage) are not required.

Covers all electrical and mechanical appliances, apparatus, gadgets and any electrical or mechanical installation pertaining to your business, which is fixed in your shop premises against loss or damage due to unforeseen and sudden physical damage caused by mechanical and/or electrical breakdown. Coverage under this section is applicable only if you do not opt for Section II of the policy.

Provides all risk cover for electronic appliances, apparatus, gadgets and electronic installations fixed in the shop premises. It also covers your portable computers, when carried anywhere in the world. Data carrying materials and data contained in them are also covered. Coverage under this section is applicable only if you do not opt for Section II of the policy

Offers cover for items of property in the shop premises against burglary, housebreaking and theft. Coverage under this section is applicable only if you do not opt for Section II of the policy.

Covers loss of money due to accident or misfortune -
a. While in transit between the shop and bank
b. From safe at the shop
c. From till at the shop

Covers direct pecuniary loss caused by dishonest acts of your employees including act of stealing, misappropriation, embezzlement or fraudulent conversion.

Covers loss or damage due to accidental breakage of
a. Fixed plate glass and sanitary fittings contained in the shop
b. Frames or framework
c. Lettering consequent upon the breakage of glass

Provides coverage to shop publicity tools such as neon signs and hoardings against loss or damage due to fire, lightening, explosion, theft, flood, malicious damage and other such perils.

Towards employees - This sub-section provides compensation to the employees under the Fatal Accidents Act 1855/Workmen's Compensation Act 1923, and in Common Law, for accidental death or injury arising out of and in the course of employment.
Towards third parties - This sub-section covers legal liability to be paid to third parties, including claimant's costs, fees and expenses incurred anywhere in India, in accordance with Indian Law.
Food and beverage's extension - This sub-section covers legal liability incurred due to death or injury to any third party arising out of any food or beverages served/provided in the shop premises.
Tenant's legal liability - This sub-section covers legal liability incurred by you as a tenant of the shop premises for damage to the building(s) due to fire and allied perils.

This section provides for financial compensation to the insured person in the event of death, or disablement accidental bodily injury accident. This can be further extended to cover medical expenses incurred in the event of a valid claim under this section.

Provides coverage, for the loss of baggage of the proprietor, partner, principal officer or permanent employee due to accident or misfortune during an official travel. Baggage would also include personal articles, belongings and other goods being officially carried during the journey as well as traveling advance up to Rs. 10,000/-. Coverage under this section is applicable only if you do not opt for Section II of the policy.

Some of the general exclusions are given below:

• Loss or damage due to wear and tear, gradual deterioration or slowly developing flaws
• Loss or damage for which the manufacturer or supplier or repairer or transporter or any other third party is responsible either in law or under a contract.
• Loss of or damage caused by or due to action of any lawfully constituted authority or Government body
• The loss or damage due to war and / or warlike perils, nuclear and / or atomic radiation
• Under insurance - if the actual value of the insured property at the time of loss under the fire is found to be greater than the sum insured chosen, then the claim would be proportionally reduced.