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Burglary Insurance
Burglary Insurance
This covers loss of movable property by theft following actual forceful entry/or exit of the insured premises. It also covers damage to the building caused by the burglars.
Due to the remote possibility that burglars can take all the stocks at any single occurrence; the policy can Be arranged on a first loss basis. The insured provides a value that is likely to be stolen in a single occurrence. This enables the insured to procure adequate cover at reasonable cost and acts as the insurer’s maximum liability.
What is needed to issue a quotation
- Proof of ownership (Valuation report).
- Value/ sum of the property.
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