Shopkeepers Insurance Primers

What is the value of my shop?


Thursday 17 January 2008

Your shop's value is assessed as per its reinstatement value i.e. the cost of rebuilding it completely. For example, if your shop is 800 sq. ft. and the going construction rate is Rs.1,200 per sq. ft., the sum insured for your shop is Rs. 9,60,000.


See also:

What is shopkeepers' insurance?
Why buy shopkeepers' insurance?
What is the value of the merchandise in my shop?
Can I select the items to be insured in my shop?
Period of coverage

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