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THEFT INSURANCE (MISCELLANEOUS INSURANCE (theft insurance, money insurance…
THEFT INSURANCE
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what is theft insurance
policy covers the insured against loss or damage to the insured property consequence upon actual, forcible or violent entry into/exit from the premise or damage to insured property or to the premise as a result of theft or any attempt threat including armed robbery/hold-up.
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EXTENSION POLICY
the policy is extended to cover loss or damage to your covered persona property caused by theft. extension policy can be in 2 ways: coverage, time
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COMMON POLICY CONDITIONS
1) interpretation 2) precautions 3) records 4) cancellation 5) reinstatement 6) other insurance 7) claims
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