Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Policy typeCommercial shopkeepers package policy combining fire/allied perils, burglary, money, fidelity, liability and related section covers.View source
The policy wording presents a multi-section package for shopkeepers, including fire, burglary, money, fidelity and liability sections.
- Source
- Shopkeepers Insurance Policy — National Insurance policy wording
- Page / section
- Schedule and section headings
- Accessed
- 31 Aug 2026
- Confidence
- high
InsurerNational Insurance Company Limited.View source
The official policy document is the National Insurance Shopkeepers Insurance Policy wording.
- Source
- Shopkeepers Insurance Policy — National Insurance policy wording
- Page / section
- Policy title and insurer identification
- Accessed
- 31 Aug 2026
- Confidence
- high
Sum insured / coverThe package uses section-specific sums insured chosen in the policy schedule. The published stock-related section cover is up to 10% of stock sum insured for the stated benefit; no universal package total is printed.View source
The policy schedule controls each selected section sum insured; the product page publishes the stock-related 10% limit but no single package total.
- Source
- Shopkeepers Insurance Policy — National Insurance policy wording
- Page / section
- Schedule and section-wise sums insured
- Accessed
- 31 Aug 2026
- Confidence
- high
Money in transit limitUp to 10% of stock sum insuredView source
The page limits money in transit to 10% of stock sum insured.
- Source
- Shopkeepers Insurance - National Insurance
- Page / section
- Money insurance
- Accessed
- 20 Aug 2026
- Confidence
- high
Shopkeepers policy sectionsThe omnibus policy can cover fire/allied perils for building and contents, burglary, money in transit or locked premises, pedal cycle, plate glass, neon sign, trade baggage anywhere in India, personal accident, fidelity guarantee, public liability/employer liability and business interruption. Fire/building-content Section 1B and burglary Section II are compulsory; at least two other sections must be selected.View source
The official Highlights section lists the sections and compulsory-selection rules.
- Source
- Shopkeepers Insurance - National Insurance
- Page / section
- Highlights
- Accessed
- 23 Aug 2026
- Confidence
- high
Shopkeepers policy limitsMaximum sum insured for the fire/
The official Highlights and Coverage sections publish construction, premises and section limits.
- Source
- Shopkeepers Insurance - National Insurance
- Page / section
- Highlights / Coverage
- Accessed
- 23 Aug 2026
- Confidence
- high
Shopkeepers claim deadlinesTheft should be reported to police immediately and detailed loss particulars furnished within 14 days. Injury claims require prompt written notice and in any event within 14 days of injury; claims documents are submitted with the insurer’s requirements.View source
The official Claims Procedure section publishes police-notice and 14-day document/notice timelines.
- Source
- Shopkeepers Insurance - National Insurance
- Page / section
- Claims Procedure
- Accessed
- 23 Aug 2026
- Confidence
- high
Premium ratesPublished section rates are ₹1.40 per mille for fire/
The current coverage table publishes the rate for each optional section, including fire, burglary, money, pedal cycle, plate glass, neon sign, baggage, fidelity, liability, business interruption and terrorism.
- Source
- Shopkeepers Insurance — National Insurance
- Page / section
- Coverage — Sections I to XI premium rates
- Accessed
- 26 Aug 2026
- Confidence
- high
Key exclusionsThe page excludes loss caused by negligence or wilful act, depreciation or wear and tear, consequential loss, each section’s applicable excess, earthquake unless specifically included, terrorism unless specifically included, breach of law, war-group perils and radioactivity. The full policy wording and section-specific excesses control.View source
The exclusions section lists negligence/wilful act, wear and tear, consequential loss, excess, earthquake, terrorism, breach of law, war-group perils and radioactivity exclusions.
- Source
- Shopkeepers Insurance — National Insurance
- Page / section
- Exclusions
- Accessed
- 26 Aug 2026
- Confidence
- high
Policy termPolicy period is the period commencing on the inception date and ending at midnight on the expiry date shown in the schedule. The policy literature also defines a 30-day renewal grace period, during which continuity can be maintained after the premium due date; no single universal annual duration is printed.View source
The product literature defines grace period as 30 days after the premium due date and policy period as commencing at inception and terminating at midnight on the schedule expiry date.
- Source
- Shopkeeper’s Policy — product literature
- Page / section
- Page 6 — definitions of grace period and policy period
- Accessed
- 29 Aug 2026
- Confidence
- high
Claim requirementsFor theft, report immediately to the police and take practicable recovery steps; notify the insurer immediately and provide detailed loss particulars, explanation and supporting evidence within 14 days. Injury claims require written notice within 14 days, medical treatment and certificates/
The wording sets immediate notice, a 14-day period for detailed loss particulars, police reporting for theft and 14-day injury notice with medical evidence.
- Source
- Shopkeepers Insurance Policy — National Insurance policy wording
- Page / section
- Pages 2–3, General Conditions and Claims Procedure
- Accessed
- 31 Aug 2026
- Confidence
- high
Renewal grace period30 days immediately after the premium due date to renew or continue the policy without losing continuity benefits. Coverage is not available for a period for which no premium is received.View source
The literature defines a 30-day renewal grace period and expressly says there is no coverage for a period without premium receipt.
- Source
- Shopkeeper’s Policy — National Insurance product literature
- Page / section
- Page 6, definitions of grace period and policy period
- Accessed
- 31 Aug 2026
- Confidence
- high
Geographic limitsUp to 10% of stock sum insuredView source
The manually reviewed product record states: “Up to 10% of stock sum insured”.
- Source
- Shopkeepers Insurance - National Insurance — official product page
- Page / section
- Published product metadata
- Accessed
- 20 Aug 2026
- Confidence
- high
Benefits and features
- Up to 10% of stock sum insured
Eligibility
- Maximum sum insured for the fire/
building-content section is ₹2 crore in the Highlights section - shops must have Class A construction. Restaurants, cafés and offices are not treated as shops. Pedal-cycle legal liability is covered up to ₹10,000, and money in transit is limited to 10% of stock sum insured under Section 1B.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Immediate notice to National Insurance of an event likely to give rise to a claim
- For theft: police complaint and practical steps to recover the property
- Detailed loss or damage particulars, explanation and supporting evidence within 14 days after immediate notice
- For bodily injury: prompt written notice within 14 days, medical certificates and evidence required by the company; immediate medical treatment
- Any writ, summons, legal process, information or assistance relevant to a liability claim
Related official documents
shopkeepers policy 09 16official-product-document · current · accessed 15 Aug 2026
↗shopkeeperspolicy doc 09 16official-product-document · current · accessed 15 Aug 2026
↗Shopkeepers Insurance — National Insurance policy wording reviewofficial-product-page-and-pdfs · current · accessed 29 Aug 2026
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