Day Shop Insurance

There are various sorts of day shop insuranceThe day shop insurance is available for both motor
available in the market. The various schemes availablecar and two wheelers. It protects your vehicle
are for car, taxi, fish and chip, shop insurance, retailagainst every sort of comprehensible risk related to
insurance, charity insurance, shopkeepers plans &the vehicle - theft or damage to it, death of the
policy, merchant insurance, home insurance etc.driver or passengers in an accident, and damage
In case of a shop policy, the policy is available for allcaused by the vehicle to another person or property
kinds of losses which can be there, like fire, marine(Third Party Liability). The feature which separates
etc. It is a comprehensive policy which contains bothmotor insurance from others and makes it unique is
the structure and its contents of your shop. Itthat it is mandatory under the Motor Vehicle Act. As
protects the customers from all sorts of financialper the act the owner of the motor car must have
losses caused due to fire, earthquake, burglary, fraudits policy. The need for the policy arises because of
etc. it also provides compensation for the liabilitythe reasons like recovery of the Loss or damage to
claims and accidental clause. One such policy isthe vehicle insured which may include own damage,
offered by ICICI Lombard General Insurancetheft which can be both partial and total, injury to
Company. It provides Safeguard against fire, burglary,the third party or death of the third party, damage
burglary of cash in safe, cash in transit, glassof property of the third party of accidents. The two
breakage, cheque forgery, employer's liability.types of car insurance policies available in the market
The Fire policy covers losses caused due to fire,are Liability Only and Policy Package Policy.
riots, storm, strikes, cyclones etc. Burglary policyThe health insurance policies help to sail through the
covers provides protection against any loss causedmedical contingencies without leading to and financial
due to burglary of the stock available in the shop asproblems. It provides an easy source of finance at
well as the cash available. The cash in Transit policythe time of any medical problems. The various
of the day shop insurance provides cover for themedical policies available in the market are Group
loss due to the lost of cash while being taken fromInsurance and Individual Insurance
the bank/ATM to the shop.Group insurance policy provides a policy cover to a
Moreover the Glass Breakage policy of the day shopgroup of people like employees of a company,
insurance covers loss or damage to any fixed plainmembers of a club or an association or members of
glass caused by any accident, external and visiblea co-operative society etc. Individual insurance is
means. The Cheque Forgery is also available in theavailable to fulfill the needs of an individual only. The
day shop insurance which providers cover for thecustomer should make a choice after comparing
loss caused due to forgery or material alteration ofvarious plans and then selecting best out of them.
cheque, draft or any such negotiable instrument.