Burglary Insurance
This insurance provides coverage to the Insured against loss or damage
to the property insured arising from causes such as:
1. Theft upon consequent
of violent entry or exit to the premises
2. Armed robbery or hold
up
Coverage also includes damage to premises as a result of the above up to
maximum amount of 5% of the total sum insured for the policy.
Some of the major exclusion includes act of fraud or dishonesty of employee, loss of properties located outside the building premises, war and terrorism.
This insurance is suitable for properties such as stock in trade, parts and consumable items as well as other property like equipment, plant and machinery.
Some of the major exclusion includes act of fraud or dishonesty of employee, loss of properties located outside the building premises, war and terrorism.
This insurance is suitable for properties such as stock in trade, parts and consumable items as well as other property like equipment, plant and machinery.
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