Protect Your Business from the Unexpected
Insurance
How WizBiz Can Help You Get Business Insurance
A single fire, theft, or lawsuit can destroy your business. WizBiz helps you choose comprehensive business insurance — property, liability, and interruption coverage.
Business Insurance Advisory | Shop Insurance | WizBiz
Business Insurance, Fire Insurance, Theft Insurance, Liability Insurance, SME Insurance, Shop Insurance
WizBiz Team
Problem
**The Problem:** Most small businesses in India operate without adequate insurance. A fire in 2022 destroyed ₹2 crore worth of inventory for an uninsured Delhi business. A customer injury lawsuit can cost ₹10-50 lakh in damages. Common business risks:
- Fire, theft, and natural disasters
- Third-party liability (customer injury, property damage)
- Business interruption (loss of income during closure)
- Employee-related risks
- Professional liability (for consultants/services)
**Business Insurance Gaps:**
- Only 15% of SMEs have adequate business insurance
- Standard policies exclude many common risks
- Claim rejection rates are high due to improper policy selection
Solution
**WizBiz Solution:** Our insurance experts assess your business risks, recommend comprehensive coverage across fire, theft, liability, and business interruption, and find the best policy at the lowest premium.
**Step-by-Step Process:**
1. **Risk Assessment** — Identify all business-specific risks (location, inventory, operations)
2. **Coverage Design** — Recommend the right policy types (fire, burglary, liability, marine, etc.)
3. **Market Comparison** — Compare quotes from 8+ insurers
4. **Policy Selection** — Choose the best policy with optimal coverage
5. **Application Support** — Complete proposal form with accurate declarations
6. **Renewal & Claims** — Annual renewal support and claim assistance
Detailed explanation
**WizBiz Solution:** Our insurance experts assess your business risks, recommend comprehensive coverage across fire, theft, liability, and business interruption, and find the best policy at the lowest premium.
**Step-by-Step Process:**
1. **Risk Assessment** — Identify all business-specific risks (location, inventory, operations)
2. **Coverage Design** — Recommend the right policy types (fire, burglary, liability, marine, etc.)
3. **Market Comparison** — Compare quotes from 8+ insurers
4. **Policy Selection** — Choose the best policy with optimal coverage
5. **Application Support** — Complete proposal form with accurate declarations
6. **Renewal & Claims** — Annual renewal support and claim assistance
## Documents Required
- Business registration proof
- Business address details
- Inventory and asset valuation
- Previous insurance policies (if any)
- Fire safety compliance certificates
- Business turnover details
- Employee details (for group insurance)
- Photographs of premises
## Benefits
**Why Choose WizBiz for Business Insurance?**
✅ **Comprehensive Coverage** — All business risks covered under one program
✅ **Cost Optimization** — Best premiums through insurer comparison
✅ **Customizable** — Policies tailored to your specific business type and size
✅ **Claim Support** — Expert assistance during claim filing
✅ **Single Window** — All business insurance needs handled together
✅ **Annual Review** — Coverage updated as your business grows
Benefits
**Why Choose WizBiz for Business Insurance?**
✅ **Comprehensive Coverage** — All business risks covered under one program
✅ **Cost Optimization** — Best premiums through insurer comparison
✅ **Customizable** — Policies tailored to your specific business type and size
✅ **Claim Support** — Expert assistance during claim filing
✅ **Single Window** — All business insurance needs handled together
✅ **Annual Review** — Coverage updated as your business grows
Document required
- Business registration proof
- Business address details
- Inventory and asset valuation
- Previous insurance policies (if any)
- Fire safety compliance certificates
- Business turnover details
- Employee details (for group insurance)
- Photographs of premises
Progressing time
Policy selection: 2-3 days; Issuance: 3-7 days
