Burglary Insurance Policy

Burglary Policy stocks and contents owned by you or for which you are responsible or held in trust and/or commission at the insured premises. It also covers cash, valuables, securities kept in a locked safe or cash box in locked steel cupboard on specific request.

What does this Policy cover?
The Policy covers loss or damage caused by

Burglary (i.e. theft following upon an actual forcible and virulent entry of and / or exit from the premises)

The policy also provides for a limited cover against Theft

Additional Benefits
The Policy also provides for a limited coverage up to 5% of "Limit of Liability" subject to a maximum of Rs 10,000/- per event in respect of the following:

Theft

Loss or damage of Personal Effects of Directors, Officers and Employees

Cost of temporary protection reasonably and necessarily incurred for the safety and protection of your property

Loss or damage to parts of the building occupied, following a burglary

Expenses reasonably and necessarily incurred by you in reproducing or making good the loss of or damages to your valuable business documents lost by the insured events

Expenses for clearing up the damage caused to insured premises including removal of debris from the insured premise to the nearest waste disposal site

Exclusions
The Policy does not cover the following:

Loss or damage from any yard, garden outbuilding (including sheds or garages not attached to the building) or any other property outside the confines of the premises unless specified in the Schedule

Valuables , unless specifically covered in the Schedule

Loss or damage of motor vehicles, trailers unless shown in the schedule

Loss or damage in which you, your employees or any other person lawfully on or about your premises is or is alleged to be in any way concerned or implicated

Loss or damage resulting from an act of Riot, Strike, Malicious Damage and Terrorism

Damage to glass and sign board

Live stock

Loss or damage to contents or stock when the premises are left unoccupied for more than 30 consecutive days unless the same has been reported to us in writing and our written approval obtained

Contents from the safe following the use of a key to gain access to the safe, or any duplicate thereof belonging to you unless such key has been obtained by aggressive or virulent means

Any consequential loss or legal liability