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Burglary & Housebreaking Insurance

Burglary & Housebreaking Insurance is a simple, convenient and hassle-free way to defend yourself and your property from loss by burglary housebreaking i.e. theft following actual, forcible & violent entry or exit from the insured premises. It protects the contents of offices, warehouses, shops, etc. & cash in the safe or strong room, stock in trade, goods held in trust or commission. The policy also covers damage caused to the premises or furniture, fixtures, fittings during the act of burglary.
Features & Benefits
Offer protection to business premises against forceful/commanding housebreaking and burglary.
Accessibility of add-on benefits, for example, cash cover, other risks emerging because of strikes, riots, theft, and malevolent damage.
Coverage for death, disabilities, and transitory disability.
Coverage
Loss or damage to the insured property due to forceful or violent entry
The plan provides coverage for the damages incurred to the insured premises due to theft or housebreaking
Damage to premises caused by burglars during burglary or attempts at burglary.
Provision to cover bulk items on ‘first loss’ basis
Sum Insured for stocks should be fixed on current market prices. For other items such as furniture, fixtures, equipment, etc., the sum insured can be fixed either on Market Value (i.e. new replacement cost less depreciation) or on a Reinstatement Value basis.
Floater Sum Insured Policy: to cover the fluctuating stocks at one place or at many places or variations due to seasonality. There is an option to choose Floater, Declaration, or Floater Declaration Policies
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