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 | Scope of cover
The Insurance Policy broadly covers loss and/or damage by Burglary, Housebreaking (Theft following upon actual, forcible and violent entry of and/or exit from the premises) including hold-up risk and damage caused to premises. For further details please refer to the Policy.
code: Misc 02
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Sum Insured
Sum Insured stands reduced by amount of claim paid. However, Sum Insured can be reinstated on payment of additional premium.
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Premium
The rate of premium depends on situation of risk, nature of stocks, security measures and past claims experience.
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Significant Exclusions
The Insurance Policy does not cover loss and/or damage arising out of War, Riot, Strike, Civil Commotion, Terrorism and by use of keys to safe.
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Special Features
 | Stocks frequently fluctuating in value can be insured on declaration basis. |
| Stocks can be insured on ‘First Loss’ basis. |
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Main Extension
| Theft |
| Riots, Strikes and Terrorist Damage |
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