Insurance · Business
If you own the premises, the stock, or the goods in transit, the question is not whether something will go wrong but whether the business survives it.
What we arrange
A bundled policy covering premises, stock, fittings and often burglary and public liability in one place.
Fire, lightning, explosion, and typically flood and storm. Note that Maharashtra flooding is a real, priced risk in several districts.
Goods in transit, by road, rail, sea or air. Essential if you dispatch stock and the customer is not carrying the risk.
Public liability, product liability and employer liability, depending on what the business does and who comes onto the premises.
The mistake that costs most
If you insure ₹50 lakh of stock for ₹25 lakh to save premium, most policies apply the average clause: a ₹10 lakh claim is settled at ₹5 lakh, because you carried half the risk yourself. It applies to partial claims, which are the ones that actually happen.
So the sum insured is the number worth getting right, and it should track your stock through the year rather than sitting at whatever it was when the policy was first written.
FAQ
Is my shop covered under my home policy?
No. Commercial use is normally excluded from a residential policy, and discovering that at claim time is a common and expensive surprise.
What sum insured should I choose?
Reinstatement value — what it would cost to replace today — not depreciated book value. For stock, use your peak rather than your average, or agree a declaration basis with the insurer.
Do I need marine cover if I only send goods by road within Maharashtra?
Transit cover applies to road movement too, despite the name. Whether you need it depends on who carries the risk under your sale terms — we will look at that with you rather than selling it by default.
Get a business insurance quote Call +91 88067 78771
Application forms are being finalised. Until they are live, call or email us and we will start your application directly.