What You Should Know Before Choosing Burglary Insurance

Burglary Insurance helps protect your business premises and its contents against financial losses arising from burglary, housebreaking, and related risks. It is designed to provide compensation for insured property damaged or stolen during a covered incident.

What It Covers

- Burglary and housebreaking involving forcible entry or exit

- Theft following forced entry into the insured premises

- Hold-up or robbery

- Stock, goods, tools, fixtures, and fittings

- Damage to the building or its contents caused during a burglary

- Cash and currency kept in a properly secured safe

- Theft of cash through the forced use of safe keys

- Riots, Strikes, Malicious Damage (RSMD), and Terrorism (available on payment of an additional premium)

What Is Not Covered

- Closed factories or godowns without adequate security arrangements

- Proposals relating to furriers, jewellers, and gold/silversmiths (subject to insurer guidelines)

- Goods stored in open areas

- Consequential or indirect losses, including loss of business income unless specifically covered

How to Make a Claim

- Notify the insurer immediately after discovering the incident.

- Inform the police and file an FIR without delay.

- Submit the completed claim form along with all required supporting documents, including the FIR, inventory of stolen or damaged items, and any other documents requested by the insurer.

Disclaimer

This is a general overview provided for informational purposes only. Coverage, exclusions, claim procedures, and eligibility may vary between insurers. Please read the policy document carefully for complete terms, conditions, exclusions, and applicable limits before purchasing a Burglary Insurance policy.