Burglary insurance is an insurance policy which covers the financial loss that you suffer in case of a burglary or attempted burglary into your home or business premises. Burglary is defined as an act of forceful entry into the house or business premises with an illegal intention of theft.
Coverage under burglary insurance policies can be taken for the following types of assets –
Cash and valuables
Home appliances
Electronic gadgets
Money in transit
Cash stored in safe
Stock in trade
Business assets
Plants and equipment used in the factory or business premises
Jewellery, etc.