
Burglary Insurance is to indemnify the Insured against loss
or damage suffered by him/them due to stealing of property
or money by criminal and violent/forcible means.
The Company's Standard Policy wording is restricted to cover
only Burglary following upon violent and forcible breaking
in or out of the premises.
The Company offers Burglary Insurance in respect of the
following:
a)Private Residences
b)Business Premises(including First Loss Insurance)
Theft is the felonious or criminal taking of property. Under
Common law, certain factors are necessary to constitute,
Burglary or Housebreaking and there must be either breaking
into, or out of premises coupled with intent to commit a
felony therein.
|
|