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Burglary Insurance

Burglary Insurance from Tameen.om provides essential coverage for property located within business premises, including stocks owned or held in trust, and items on commission. Additionally, this policy can be extended to cover cash, valuables, and securities stored in a locked safe or cash box in a secure location, such as a locked steel cupboard.

Tameen.om offers comprehensive burglary insurance terms at competitive prices to provide businesses with reliable protection for their valuable assets.

Main Coverage / Burglary Insurance

The Burglary Insurance Policy provides coverage for:

Loss or damage to insured property due to burglary and/or housebreaking.

Damage to premises caused by burglars during an attempted burglary or break-in. The policy compensates for the actual loss or damage caused to the insured property, within the policy's limits.

If the sum insured is insufficient, the policy pays a proportionate amount of the loss. Additionally, a provision exists to cover bulk items on a "first loss" basis, where a percentage of the total stock stored is considered exposed to the risk of burglary and housebreaking. The premium is calculated based on this percentage. A nominal premium applies to the remaining stock.

The policy can also be extended to cover additional risks such as riot, strike, malicious damage, and theft. Burglary insurance policies can be issued on a declaration basis or a floater basis for stocks.