Shield Your Property from Theft and Loss
Burglary Insurance provides financial compensation for losses or damages to property due to actual or attempted burglary. This policy is essential for both residential and commercial entities, protecting against the financial setbacks caused by theft and the damage burglars might cause during illegal entry.
Theft of Property
Damage to Premises
Safe Burglary
What is Covered Under Burglary Insurance?
Theft of Property – Covers loss of insured property due to burglary or theft
Damage to Premises – Covers damage caused to premises during burglary or attempted burglary
Safe Burglary – Covers loss or damage to property contained in locked safes or strongrooms
What are the Exclusions Under Burglary Insurance?
These are the major exclusions where the policy will not respond to a claim.
Losses from safes or strongrooms without evidence of forcible entry
Theft by insured, employees, or anyone lawfully on the premises
Damage due to natural disasters, war, seizure by authorities, nuclear activities, and consequential losses like business interruption
Valuables unless specifically covered in the Schedule
Motor vehicles and livestock
Why Should Companies Opt for Burglary Insurance?
Mitigate financial disruptions caused by theft and burglary.
Ensure business continuity and safeguard assets against criminal activities.
Key Suggestions to Optimize Your Burglary Insurance Plan
Adequate Coverage
Ensure the sum insured reflects the true value of your assets.Regular Inventory Updates
Keep a detailed, up-to-date list of all insured items.Security Measures
Implement robust security systems to lower premiums and deter theft.Benefits of Burglary Insurance
Financial Security
Offers compensation for losses, thus mitigating financial strain.
Peace of Mind
Know your property is protected so you can focus on running your business or maintaining your household.
Flexibility
Policies can be tailored to cover specific items or risks, aligning with personal or business needs.
Claim Procedure in Burglary Insurance
Immediate Notification
Notify the insurer within 14 days of the burglary.Police Report
File a police report immediately and provide a copy of the FIR and a detailed list of damaged or stolen items to the insurer.Assistance
Provide all necessary information and assistance required by the insurer for claim processing.Types of Add-On Covers in Burglary Insurance
Coverage for temporary removal of property
Increased coverage for cash in safe or transit
Coverage for damage to locks and keys
Personal accident cover for security staff
Frequently Asked Questions about Burglary Insurance
Common queries about Burglary Insurance Policy
Ready to Protect Your Business?
Get a customized quote in under 2 minutes. No hidden fees, no obligations.
⚡ Instant digital policy issuance • 📞 24/7 support • 🛡️ Zero paperwork claims