It is an insurance policy that protects the policy holder from loss which arises from burglary. Loss of furniture, merchandise, equipment, fixtures are covered by burglary insurance and damage to the business due to burglary is also covered by this insurance. Property is covered by policy from damage or loss which occurs by burglary. Damages of insured surroundings are also covered by this policy from burglary. Insured is paid actual damage or loss to insured property occurred by burglary by insurance company.
Scope of coverage: Damages and house breaking or loss of burglary are covered by this burglary insurance. House breaking means forcible or violent entry and exit from business surroundings.
Premium: Nature of risk and situation of risk, security measures and past claims experience decide the rate of premium.
Significant exclusions: Damage and loss which occur as the result of strike, terrorism are not covered by this insurance policy.
Burglary insurance is one of the important insurance policies for the people and businesses which are located in areas with high burglary exposure.
Scope of coverage: Damages and house breaking or loss of burglary are covered by this burglary insurance. House breaking means forcible or violent entry and exit from business surroundings.
Premium: Nature of risk and situation of risk, security measures and past claims experience decide the rate of premium.
Significant exclusions: Damage and loss which occur as the result of strike, terrorism are not covered by this insurance policy.
Burglary insurance is one of the important insurance policies for the people and businesses which are located in areas with high burglary exposure.
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