This policy is required where total loss of insurable property is possible in case of burglary or housebreaking. First loss Insurance: If full loss is not probable the property can be insured on first loss basis. In that case the condition of average or under insurance will not apply.

Any loss or damage to property or its any part while contained in the premises described in the schedule due to Burglary /House breaking. Damage caused to the premises/locks to be made good by the insured resulting from burglary and / or house-breaking or any attempt there at any time during the period of insurance.

Insurance for burglary and housebreaking at your business premises. Cover available on a first loss basis by way of judicious management of probable maximum loss assessment. Policy can be extended to cover riot, strike, malicious damage, and theft. Several variations such as floater policy, declaration policy, and floater declaration policy available.​

Property such as stocks and furniture owned by the insured in the business premise is covered.\ Stocks held in trust/ commission and for which the insured is responsible, if specifically covered. Damage to premises resulting from burglary, and/or housebreaking or any attempt at burglary is covered. Cash, jewelry, valuables, and securities kept in a locked safe or cash box in a locked steel cupboard, if specifically covered

It also covers loss or damage to any part of the insured premises and its content after a burglary attempt. In a first loss burglary insurance policy loss or damage caused to the property is covered only once and up to a specified amount.

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Burglary Insurance.

Maximum age of applicant at loan maturity: 60 years

Minimum Net Monthly Income: Rs 15,000

Applicant should have the bank specified credit score.