There is a question on marketing a type of policy to small shopkeepers selling groceries. The question asks for the types of peril.
In the solution there is an assumption that the shopkeeper does not own the shop itself.
I would interpret this as the shopkeeper is a manager running the shop on behalf of the owner. Therefore it would not be the shopkeepers responsibility to buy insurance but the owner.
I would understand that the shopkeeper would require general insurance if he/she owned the shop itself.
Thanks
Last edited by a moderator: Oct 7, 2008