Burglary Insurance

Cover: 

1. Loss or Damage cause by forceful or violent

(a) Entry

(b) Exit

2. Damage to the premises due to theft or attempted theft

N.B - Declared Value and Actual Value if DV < AV: Average will be used. 

Exclusions (Burglary)

1. Loss or damage due to fire explosion.

2. Theft by Relatives; employees or any person lawfully on the compound.

3. Loss or damage to money of any kind.

4. Abandonment of more than 7 days led to loss or damage to property.

Underwriting Factors

1.Trade or Business.

2. Address ( Risk; Peril).

3. Maintenance of property.

4. Security measures employed.

5. Sales and Purchases records.

6. Construction of building.

7. Nature and Value of stocks: Portable; Target Risk Disposals.

8. Claims / Loss History.

9. Insurance History.