Burglary Insurance

This policy cover contents of business premises against the risk of loss or damage by burglary and house breaking only. Fire risk must be covered by the issue of a separate fire policy. The property insured is covered only if loss or damage takes place whilst contained in the premises described in the schedule. The properties that can be covered under the policy are as follows. Stock-in-trade, goods-in-trust or on commission for which the insured is responsible, fixtures, fittings and utensils in trade, cash and currency notes secured in locked safe. The special features in the policy are the usual “Average clause” and insurance must be affected for the full value of property to be insured. The insured should, therefore, be asked to declare, for insurance, the probable highest amount at risk at any one time.