This is a comprehensive program for insuring shop owners or tenants. Every businessman is able to continue his/her business operations without worrying if an accidental or unexpected event totally or partially destroys his/her property.


Replacement With a New One

Replacement of the property that was destroyed with a new one (excluding computers purchased over two years ago, documents, archives, books, clothing and personal belongings).

Flexible Coverage

Increase of insured amount during high stock periods.

Civil Liability

Insurance for the Civil Liability that may arise from the business activities of the insured person.

Employer's Liability

Employer's liability in accordance with the relevant legislation.


Owners or tenants of commercial shops (who use the insured shop) e.g. retail shops – without laboratory or large warehouses, kiosks, restaurants, etc. The Shop Insurance Policy is dealt under Accident, General Liability, Insurance against Fire and other Damage to Property, Financial Loss and Goods in Transit Classes.




  • Basic Coverage

    The Basic Coverage of the Insurance Policy includes:

    • Material Loss Insurance caused to the insured content as a consequence of
    1. Fire, lightning, explosion or smoke
    2. Earthquake or volcanic eruption
    3. Malicious damage
    4. Riot, strike
    5. Crash of vehicles, animals, aircraft, flying objects or falling objects
    6. Flood, hurricane, storm, pipe burglary, overflowing water tanks
    7. Theft consequent upon burglary
    8. Oil leakage
    9. Theft (after a violent entry or exit from buildings or after an attack or violence or threat of attack or violence), theft attempt
    • Money Insurance including:
    1. Loss of money being transmitted
    2. Loss of money in the Insured's premises during working or non-working hours
    3. Damage to a safe
    • Insurance for the legal liability that may arise from the professional activities of the insured person
    • Employer's liability in accordance with the current legislation
    • Temporary replacement of the machinery, the equipment and the furnishing out of premises up to 5% of the sum insured for cleaning, maintenance or repair
    • Insurance at replacement value
  • Additional Coverage

    The Additional Coverage of the Insurance Policy includes:

    • Loss of gross profit as a result of the total or partial interruption of the shop’s operation due to insured damage
    • Personal accident of the employees
    • Sheet glass / hygiene products
    • Accidental damage to the office equipment
    • Loss of or damage to refrigerated stock
    • Loss of or damage to products being transmitted
    • Loss or damage to buildings
    • Damage caused by water leakage


The Policy is subject to certain exclusions, some of which are:

  • war, acts of terrorism, nuclear radiation and environmental pollution
  • subsidence and landslide
  • short circuiting, securities, property out of the building
  • theft of money by employees of the Insured or by unattended vehicles
  • liability of the Insured for negligent acts or omissions in connection with the breach of his professional duties
  • liability for defective products supplied by the Insured

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