Policy is designed to cover Burglary in business premises only like godown, factory, office etc.
There are three types of policies available :-
Extenstions like theft are available on payment of additional premium.
The indemnity provided is to the extent of the intrinsic value of the property so lost or damaged, subject to the limit of the sum insured.
The company shall not be liable in respect of :
The policy shall cease to attach:
At the time of Claim