Frequently Asked Questions on Burglary Insurance

What is Burglary Insurance?
The policy provides protection against loss of or damage to insured property due to burglary and housebreaking i.e. theft following upon an actual, forcible and violent entry to or exit from the insured premises.
The policy also pays for the damage to the premises on account of burglary, housebreaking etc.
The policy provides cover in respect of all types of property such as stock in trade, goods held in trust or commission, furniture, fixture, fittings, money in locked safe and any other item or equipment.

What all exclusions are present in the Burglary Insurance?

1. When your family member or staff is a principal or accessory in the incident.
2. Act of persons lawfully on the insured premises.
3. Acts consequent to fire, explosion, riot, strike, convulsions of nature like earthquake etc.
4. War and nuclear risks.
5. Premises left unoccupied and unattended for over seven days
6. Loss of cash from safe using duplicate key, unless the key is obtained by threat or force.
7. Any consequential loss.