Please enable JavaScript.
Coggle requires JavaScript to display documents.
THEFT INSURANCE :fountain_pen: (PROPERTY COVERED (Private Dwelling)…
THEFT INSURANCE :fountain_pen:
SCOPE OF THEFT POLICY COVER
First loss basis
Full Value Basis
DEFINITION:
Policy covers the insured against loss
or damage to the insured property consequent upon
actual, forcible or violent entry into/exit from the
promises, or damage to insured property or to the
promises as a result of theft or any attempt threat
including armed robbery/hold-up. :fountain_pen:
PROPERTY COVERED (Private Dwelling)
Household goods
Personal effects
Furniture
Jewellery and valuables
PROPERTY COVERED (Business Premises)
1) Loss of property whilst contained in the specified
premises:
• By theft consequent upon actual, forcible and violent entry
into or exit.
• As a result of armed robbery or robbery with violence.
2) Damage to property or specified premises due to theft or any attempt thereat.
THEFT RISK COVERED BY INSURERS
Burglary
Housebreaking
EXTENSION POLICY
i. Coverage
ii. Time