Question

Write any three features of Burglary Insurance.

Hint:

Burglary Insurance = covers theft with forced entry, up to the insured sum.

Answer 1

Burglary Insurance provides coverage against loss or damage due to burglary or house-breaking.
Three key features of Burglary Insurance are:
1. Covers Forced Entry — It covers loss or damage only if there is forcible and violent entry or exit.
2. Indemnity for Property — It provides compensation for loss of property, stock, or contents stolen during the burglary.
3. Exclusions — Loss caused by employees or if the premises are left unoccupied beyond a limit is generally not covered.
This policy helps protect homes, shops, and businesses from theft-related financial losses.