Shop Insurance – Inventory and Stock Cover
Protect your inventory with the right insurance.
What to Cover
- Stock – Value of goods
- Fixtures – Shelves, counters
- Fire, theft – Common perils
- Natural calamity – Flood, earthquake (add-on)
Sum Insured
- Base on average stock value
- Don’t under-insure (average clause can reduce claim)
- Update periodically
Document
- Stock records
- Purchase bills
- Photos of premises