Small to medium-sized shopkeepers operate on a day-to-day basis which means they do not have too much limit on their business. Therefore, it can be difficult for them to handle situations such as burglary, fire, etc. in their store and content. Therefore, to protect the store owner from various risks associated with the store and its contents, a store insurance policy was introduced.
Storekeeping is an economic activity pursued for the purpose of obtaining high profits within the limits of Government regulations and social values. To ensure that one can focus on this core activity, it is necessary that the mind be free from other non-trading-related concerns such as risks, which may interfere with business activity.