This cover provides funds to shop owners who are policy holders to mitigate the impacts in case of fire incidents affecting their shops.

Key Features

  • Policy duration: 1 Year
  • Payment Frequency: single payment
  • The cover is for property and assets in a shop
  • No incident no claim

This can also be done for individual members in a group

Premium Payment: This has four categories
N10,000 N50,000 N5,000 N2,500

Key Benefits

  • Contents in the shop
  • Sum insured Maximum N1,000,000,
  • This protects policy holders’ properties in their shops against insured perils
  • Payment to policy holders on property & asset loss in their shops
Categories of Benefits
Cover maximum N1,000,000 Cover N1,000,000 Cover N500,000 Cover N250,000
Medical Expenses of N20,000 due to fire injury Rent Relief of N20,000 only    

Target Market

  • Every shop owner with contents not more than N1,000,000
  • Non-Governmental Organizations
  • Co-Operative Societies
  • Clubs, Traders Associations
  • Members of staff of Corporate Organizations, SMEs
  • MFBs
  • Churches, Mosques

Get A Quote!

About Us

Anchor Insurance Company Limited was registered and licensed by the National Insurance Commission (NAICOM) in October 1989 as a general business (non-life) insurance outfit and started business in November of the same year.


To be the most innovative and preferred provider of General Business Insurance Services in Nigeria.