Home & Shop Insurance
The building, everything inside it, and the business that runs from it.
A house is usually the single largest asset a family will ever own, and for a shopkeeper the stock on the shelves is the entire business. One fire, one break-in or one flood can undo years of work.
Home and shop insurance through Paydeer covers the structure, the contents and the stock — at a premium that is a tiny fraction of what is being protected.
Cover Options Available
- Structure Cover: the building itself, including the walls, roof, fittings and any permanent structure.
- Contents Cover: furniture, electronics, appliances, clothing and household goods.
- Structure + Contents: a combined policy, which is what most homeowners take.
- Tenant’s Contents Policy: for people living on rent who want to insure only their own belongings.
- Shop & Small Business Policy: the shop premises, the stock inside, and the equipment used to run the business.
- Jewellery & Valuables: covered on declaration, for a specified value.
What Is Covered
- Fire, lightning, explosion and implosion.
- Burglary, housebreaking and theft following forced entry.
- Flood, storm, cyclone, earthquake and landslide.
- Riot, strike, terrorism and malicious damage.
- Damage from bursting or overflowing of water tanks and pipes.
- Loss of rent or alternative accommodation while the damaged home is being repaired, where opted.
Why It Is Worth Selling At Every Outlet
- The premium is small compared to the value insured, so the customer rarely says no once the cover is explained.
- Almost every household and every shop in the market is a potential customer — and very few of them already have it.
- It renews every year, adding steady repeat income for the retailer.
- A single visit to a market street can generate several shop policies.
F.A.Q
Frequently Asked Questions
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I live in a rented house. Can I still buy this?
Yes. A tenant can insure the contents — furniture, electronics and household goods. The structure itself is insured by the owner of the property.
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Is earthquake and flood damage covered?
Yes. Standard home insurance policies in India cover damage caused by earthquake, flood, cyclone, storm and landslide as part of the natural calamity section.
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How is the sum insured for a home decided?
The structure is insured on the cost of reconstruction — the built-up area multiplied by the current construction rate per square foot, not the market price of the property. Contents are insured on their replacement value.
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Can a shop’s stock be insured?
Yes. A shop policy can cover the premises, the stock held inside and the equipment used in the business, against fire, burglary and natural calamity.
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Is jewellery kept at home covered?
Jewellery and other valuables are covered up to a specified limit, and usually have to be declared separately with their value. Very high-value items may need a valuation certificate.
