One policy bundling everything a small premises needs: fire and burglary on the shop and stock, money in transit to the bank, plate glass, electronic equipment, and liability to customers who hurt themselves inside. Cheaper as a package than as six separate policies.

Premiums and claim-settlement ratios are illustrative until sourced from the insurer of record.

Read this before you buy.

• Theft without evidence of forced entry
• Theft or fraud by your own employees — that needs fidelity cover
• Cash on the premises beyond the stated limit, usually ₹50,000
• Stock that cannot be evidenced by invoices or GST records
• Damage while the premises is unoccupied beyond 30 days

Small-premises claims are usually burglary or water damage, and they are decided on evidence of forced entry and on stock records. Your books are the claim.

1. 01

   FIR and photographs

   · day 1

   For burglary, an FIR the same day and photographs of the forced entry point. Theft without forced entry is not covered at all.

2. 02

   Surveyor visits

   · 1–3 days

   They verify forced entry and assess stock loss against your purchase records and GST returns. Stock without records is heavily discounted.

3. 03

   Prove the stock

   · week 1

   Purchase invoices, GST filings and a stock register. This is why a shop with clean books recovers far more than one without.

4. 04

   Settlement at cost

   · 3–8 weeks

   Stock is paid at cost price, not retail — you recover what you paid, not what you would have sold it for. Business interruption follows separately.