Burglary and Housebreaking Insurance

Theft, break-ins or burglaries at your office, warehouse, shop or industry can bring about a major setback to an organization. It is important to shield your business from the risk of such occurrences. Burglary and Housebreaking Insurance policy is a form of protection to reimburse an insured for losses and damage sustained through burglary and theft.

Our Policy keeps your property safe and gives you the peace of mind that you deserve.

Scope of cover

• Stocks, furniture and other property (owned by the insured) in the business premises.
• Stocks held in trust/ commission and for which the insured is responsible, if specifically covered.
• Damage to premises resulting from burglary and/or housebreaking or any attempt at burglary.
• Cash, jewelry, valuables and securities if specifically covered.

Key Benefits

• Designed specifically to cover your business premises against burglary and housebreaking.
• Policy can be extended to cover riot, strike, malicious damage, and theft.
• Coverage for death, permanent total and partial disability, and temporary disability of employees whilst at work if specifically covered.

Risk Cover

• Loss or damage to insured property due to burglary and/or housebreaking
• Damage to premises during burglary or attempts at burglary
• The policy can be extended to cover riot, strike, malicious damage and theft. Further, policies can be issued on declaration basis and on floater basis for stocks.

Policy Exclusions

The policy will not pay for the following losses or damage:

• Loss of goods held in trust/ commission, jewelry, curios, title deeds, business books, unless specifically covered.
• Burglary without any forcible entry.
• Shoplifting, or acts where insured or his/her family members or employees are involved.
• Losses recoverable under fire
• War threats and nuclear perils.
• Riot, strike, and malicious damage unless specifically covered.
• Consequential loss or legal liability of any kind.

Eligibility:

This policy can be bought by anyone who is exposed to the risk of Burglary and Housebreaking.