Our Burglary Insurance Policy compensates for the Insured's Property stolen from their business premises. There must be forcible entry into or exit from the premises for this policy to offer compensation, meaning that the premises must be broken into or someone forcefully finding their way out of the premises.
The Policy also covers costs of repairing damages arising from the forcible entry in the course of the theft. The premises must be guarded by a communal or individual watchman.
OPTIONAL COVERS AT ADDITIONAL PREMIUM
Riot & Strike
WHAT IS COVERED?
Stock in Trade
Trade Fixtures and Fittings
Machinery and Equipments
Goods Held in Trust
Duly completed proposal form
A schedule of items covered and their sums insured
Insured's ID and PIN
Report incident/loss immediately after discovery of the happening
Provide all necessary claim documents (police abstract, claim form, books of records of stock and receipts for purchases of these stock in trade within a reasonable period at 3 to 7 days after reporting.
Take necessary measures/precaution to reduce further loss