What does Burglary insurance cover?
The product covers theft of insured property by any person or persons using violent and forcible means of entry into or exit from the premises where such property is kept, without permission from the owner, person or persons to whom such property is legally entrusted or keeping on behalf.
Burglary policy will cover property damage as well as financial losses arising from the following two conditions.
Loss of or damage to the property Insured caused by theft following actual forcible and violent entry into or exit from the premises.
Any damage to the premises described in the schedule for which the Insured is responsible following upon or occasioned by an actual forcible and violent entry into or exit from the premises or any attempt thereat.
Description of how doors and windows are secured.
Whether the premises are guarded during and out of business hours
Whether there is an alarm/security back-up system or CCTV