What Should Have in The Policy?
1. Preamble Part: Insurer's name/Insured name, type of the policy, address of registered office & pay premium.
2. Body Part: Operative Clause, Conditions, Warranties, Exclusions, Specialties, Endorsement & General Conditions.
3. Closing Part: Attestation Clause:
What is Theft Insurance:
Policy covers the insured against loss or damage to the insured property consequent upon actual, forcible or violent entry into/exit from the premises or damage to insured property or to armed robbery/hold-up.