Shop Insure

Most businesses and Shop Owners face the risk of their goods being lost or damaged by Fire, Explosion or Burglary (Thieves who break into Shops at night or broad daylight armed robbers).

When fire outbreaks occur at business premises, people may get injured in the process of trying to save their goods. It also takes a long time to rebuild the damaged shopping plaza or complex due to financial implications or government intervention. When this happens, the traders always lose their prepaid rents.

It is in consideration of these risk exposures that this product, Shop Insure is designed to get the insured Shop Owners prepared against such occurrences and to pay them for loss/damage to their goods as well as pay for prepaid rents lost and also for medical expenses for the treatment of injury sustained by the insured person or his shop attendant during the incident.

Shop Insure pays you for:

Goods lost or damaged by fire.
Goods lost or damaged by thieves and robbers (Burglars).
Rent lost for the period your shop was not in use as a result of the fire incident.
Medical treatment for injury sustained during a fire or burglary or robbery incident at the insured premises.

Plan Types & Premiums

Shop Insure offers you four unique plans to choose from. You may request for a higher level of cover at an additional premium.

BRONZE With just ₦2,000, you get paid up to:

₦200,000 for damage by fire, explosion, lightning, and burst water pipes
₦200,000 for loss of damage by burglary
₦100,000 for loss of rent
₦50,000 for alternative accommodation

SILVER With just ₦3,000, you get paid up to:

₦300,000 for damage by fire, explosion, lightning, and burst water pipes
₦300,000 for loss of damage by burglary
₦150,000 for loss of rent
₦75,000 for alternative accommodation

GOLD With just ₦5,000, you get paid up to:

₦500,000 for damage by fire, explosion, lightning, and burst water pipes
₦500,000 for loss of damage by burglary
₦300,000 for loss of rent
₦100,000 for alternative accommodation

DIAMOND With just ₦9,000, you get paid up to:

₦1,000,000 for damage by fire, explosion, lightning, and burst water pipes
₦1,000,000 for loss of damage by burglary
₦400,000 for loss of rent
₦150,000 for alternative accommodation