Whether you run a physical shop or an online e-commerce store, you’ll need retail insurance to protect your business. Commercial retail insurance from Provide starts with property insurance, so that your premises and inventory are well-protected. You’ll also want to cover yourself against staff injuries and Covid-19 infections, public liability, and employee theft. If you ship goods, consider protecting them with shipping insurance.
Get quick, tailored, and affordable cover with Provide.
| Cover | Explanation | Importance for retailers |
| Commercial property insurance | Covers: –     Store premises –          Inventory –          Equipment –          All other store contents | Critical |
| Public liability insurance | Covers liability if customers get injured in your store. Covers liability if you damage other people’s property (e.g. during renovations/repair work). | Critical |
| Work injury compensation insurance (WICA insurance) | Covers work-related injuries/sickness, including Covid-19 infections. | Critical |
| Fidelity guarantee insurance | Covers employees stealing money from you. | Good to have |
| Cyber insurance | Covers hacker attacks, liability from PDPA/data breaches, corrupted systems, and more. | Critical for online retail stores/ e-commerce businesses |
Commercial property insurance will protect your store premises, business inventory, display windows, and all other shop contents.
Public liability insurance will protect you from liability for injuries/property damage to third parties.
Business interruption insurance will help cover your operating costs if you cannot run your business due to a covered reason, e.g. fire breaking out at your retail shop. This type of insurance can help pay for certain business expenses like rental fees and staff salaries, while you’re trying to get your business up and running again.
| Cover | Coverage amount (example) | Typical premium |
| Commercial property insurance | $100,000 | From $100/year |
| Public liability insurance | $100,000 | From $100/year |
| Work injury compensation insurance | $10 million | From $100/year per person |
| Business interruption insurance | $10,000 | From $100/year |
– Save up to 25% on your premiums
– Compare quotes from multiple insurers
– Industry experts to provide tailored advice
– Available by phone 7 days/weekÂ
