CoverBizz

YOUR RISK OUR RESPONSIBILITY

Retail & Consumer Goods Industry

Shopfloor Protection for India’s Retail Revolution

“From storefront to supply chain, retailers and consumer brands face unique risks at every touchpoint. Our tailored insurance solutions protect your stores, inventory, and customer promises—so you can focus on growth and delight.

Retail & Consumer Goods Industry

    Insurance Products

    Property & Stock Insurance

    Safeguard your assets
    Covers store premises, fixtures, fittings, and inventory against fire, burglary, and natural perils with business interruption support
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    Public & Product Liability

    Protect your customers
    Covers third-party bodily injury and property damage from product defects or on-premises accidents under Consumer Protection Act 2019
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    Money & Transit Insurance

    Secure your cash flow
    Covers cash in safe, transit, and POS transactions against theft, robbery, and infidelity
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    Retail Cyber Liability

    Guard your payments
    Covers POS breaches, data theft, business interruption, and regulatory fines under IT Act 2000 and PCI DSS standards
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    Business Interruption Insurance

    Keep tills ringing
    Compensates for lost income and operating expenses when retailers close due to fire, flood, or other covered perils
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    Goods-in-Transit Insurance

    Protect your deliveries
    Covers supplier shipments and customer deliveries against loading/unloading damage, collision, and theft across India
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    Employee Compensation Plan

    Care for your staff
    Provides medical expenses, disability benefits, and compensation for workplace injuries under the Employees’ Compensation Act
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    Trusted By 1500+ Enterprises

    Join businesses who’ve made CoverBizz their risk management partner

    hat Keeps Retailers Up at Night?

    Top 5 Current Risks

    01

    Storefront Theft & Burglary

    ₹3,200 cr lost annually to retail crime in India

    02

    Product Liability Claims

    Rising litigation under Consumer Protection Act for faulty goods​

    03

    Cyber & POS Breaches

    45% of retailers faced payment data breaches in 2024

    04

    Supply Chain Delays

    30% of orders delayed due to logistics disruptions

    05

    Natural Disasters

    Floods and storms causing ₹500 cr in retail losses each monsoon season

    01

    Property & Stock Insurance

    Foundation for store protection

    02

    Public & Product Liability

    Essential for customer safety

    03

    Cyber Liability Insurance

    Guard digital transactions

    04

    Business Interruption Insurance

    Revenue protection during closures

    05

    Goods-in-Transit Insurance

    Secure supply lines

    How CoverBizz Protects Your Retail Business

    Most Bought Insurance

    Covered Stakeholders

     

    Store Owners & Franchisors

    Premises and stock liability

    Employees & Cashiers

    Workplace injury compensation

    Customers & Visitors

    Public liability protection

    Supply Chain Partners

    Transit and warehousing coverage

    IT & Security Teams

    Cyber liability protection

    Management & Directors

    D&O liability and corporate risk

    Inclusions & Exclusions

    Inclusions

    Fire & Natural Perils

    Coverage for fire, flood, earthquake, storm damage

    Theft & Burglary

    Store break-ins, shoplifting, and employee dishonesty

    Product Liability

    Consumer injury or damage from sold goods

    Cyber Events

    POS hacks, data breaches, and business interruption

    Transit Damage

    Protection during loading/unloading and transit

    Exclusions

    Wear & Tear

    Normal depreciation of fixtures and equipment

    Improper Packaging

    Damage from inadequate packing of goods

    War & Terrorism

    Excludes state-sponsored or large-scale violent acts

    Intentional Acts

    Deliberate or fraudulent activities by insured

    Consequential Losses

    Indirect losses beyond specified BI limits

    Insights & Resources

    Why Get Insured

    Why Retail & Consumer Goods Brands Need Insurance

    Mall Fire Recovery

    Major retail chain reopened within 48 hours after fire damage, thanks to BI cover.

    Customer Slip & Fall

    Boutique settled ₹5 lakh liability claim promptly under product/public liability.

    POS Data Breach

    Fashion retailer recouped ₹20 lakh in remediation costs and fines under cyber policy.

    Transit Damage

    Electronics distributor covered ₹50 lakh loss from warehouse fire during storage.

    Insurance Partners

    We’re Partners With 20+ Major Insurance Companies

    FAQ's

    Does insurance cover shoplifting and employee theft?

    Yes- Property & Stock Insurance includes theft, burglary, and internal dishonesty cover for declared stock and cash.

    What triggers Public & Product Liability claims?

    Customer injuries in-store, defective products causing harm, or damage to third-party property.

    Is Cyber Liability necessary for in-store POS systems?

    Absolutely- POS systems are prime targets for malware and skimming attacks, making cyber cover essential.

    Can Business Interruption cover extended store closures?

    Yes- BI insurance compensates for lost profits and fixed expenses during closures from covered perils.

    Are transit losses covered if goods are damaged en route?

    Yes- Goods-in-Transit Insurance covers damage or loss from handling, accidents, and theft during movement

    Customers Says..​

    “We had a stock damage incident after a water tank leakage. CoverBizz helped us structure the claim file properly and avoided unnecessary back-and-forth.”
    Riya Gupta
    Riya Gupta Delhi
    “Our previous policy undervalued peak-season inventory. CoverBizz flagged underinsurance risk and corrected limits before renewal.”
    Nitin Bansal
    Nitin Bansal Noida (NCR)
    “We needed one policy setup across multiple stores. CoverBizz consolidated locations and made endorsements painless when new outlets opened.”
    Ayesha Khan
    Ayesha Khan Hyderabad

    Your precious legacy deserves uncompromising protection.
    From high-value diamonds to ancestral gold, every piece tells a story worth preserving. Don't let unforeseen events write the ending - secure comprehensive coverage that understands the unique risks of India's gems & jewellery sector

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