Bajaj-Allianz's Burglary Insurance policy covers property contained in business premises, stocks owned, or for which insured is responsible or held in trust and/or commission. It also covers cash, valuables, securities kept in a locked safe or cash box in locked steel cupboard on specific request.
What does this Policy cover ?
This Burglary Insurance covers loss or damage caused by
- Burglary and Theft (i.e. theft following upon an actual forcible and violent entry of and / or exit from the premises)
- Robbery
In respect of contents of offices, warehouses, shops, etc. and cash in safe or strong room and also damage caused to the premises
Extensions
It is possible to extend the policy to include loss of the insured property to cover burglary as a result of riot & strike risks.
It is possible to extend the cover to include theft and larceny not accompanied by violent ingress or exit. The extension does not cover losses detected during routine stock taking/ checking.