Shop pack
₦12,000
a month, ₦10m stock
- Fire, burglary, money
- Public liability
- Shop front glass
- Adviser visit
Bulwark Business insurance
Business cover from a market stall to a warehouse
Packs for shops, offices, restaurants and warehouses: fire, burglary, stock, money in transit, staff injury and liability, priced for Lagos trade.
Shop packfrom ₦12,000 a month
Stockup to ₦500m
Adviservisits your site
Business insurance
What is covered
Fire and special perils
Including market fires, which spread fast between stalls.
Burglary and stock theft
Stock and equipment stolen after forced entry.
Money
Cash in the shop, in a safe and on the way to the bank.
Public liability
If a customer is injured on your premises.
Staff injury
Medical costs and compensation for staff hurt at work.
Business interruption
Lost profit while you rebuild after a covered loss.
Prices
Plans and example premiums
Three ways to buy. Every plan includes the 24-hour claims line and a named adviser.
Office pack
₦18,500
a month, 20 staff
- Equipment and laptops
- Staff injury
- Liability
- Data recovery costs
Warehouse and stock
₦35,000
a month, ₦80m stock
- Stock at full value
- Goods in transit
- Business interruption
- Fire suppression discount
Example premiums for this demo. A real premium depends on underwriting, and cover is always subject to the policy terms. We assess every claim against those terms and never promise a payout in advance.
Local know-how
Priced for how you trade
An adviser visits your shop or warehouse, looks at the locks, the wiring and the fire extinguishers, and prices the cover on what they see.
Traders in the same market can join a group pack for a lower price and a single claims contact.
Money cover includes cash collected from POS agents and carried to the bank.
Talk to an adviserStraight talk
What is not covered
We would rather you know now than find out on the day you claim.
- Stock that goes missing with no sign of forced entry
- Losses from trading debts or fraud by partners
- Wiring not checked in the last three years, for fire claims over ₦20m
- Goods carried in vehicles left unattended overnight
This is a summary. The full list is in the policy wording, which we send before you pay.
Extras
Optional add-ons
| Add-on | Example price |
|---|---|
| Goods in transit | from ₦4,000 a month |
| Fidelity guarantee for cashiers | from ₦3,500 a month |
| Machinery breakdown | priced on visit |
| Directors and officers | priced on request |
Claims
If you need to claim
- 01
Call or WhatsApp us the same day, with photos
- 02
For theft, report to the police and keep the extract
- 03
A loss adjuster visits within three working days
- 04
Settlement is agreed against your stock records and policy terms
FAQ
Questions
Do I need stock records?
Yes, simple records help a lot. An exercise book, a spreadsheet or your POS history all count.
Can I insure a shop in an open market?
Yes. We look at the market's fire safety and price accordingly.
Can I pay quarterly?
Yes, monthly, quarterly or yearly.
Keep exploring
Related cover
Price your business cover
Four steps and about two minutes. Pay the first month through Receivly if you are happy.