Lock In Your Peace of Mind
, Not Just Your Doors
Don't let a break-in break your business. Protect your valuables with burglary and theft insurance.
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Why is Burglary & Theft Insurance Vital for Business
Burglary and theft insurance provides financial protection against losses from break-ins, theft, and robbery. It helps businesses recover quickly and maintain operations after such incidents.
What Types of Businesses Need Burglary & Theft Insurance Coverage?
Manufacturing Units
Burglary insurance covers machinery, raw materials, and finished goods, safeguarding your production capabilities from theft and vandalism.
Retail Stores
Protect your inventory, cash registers, and display items from shoplifting, burglary, and armed robbery with Burglary insurance.
Banks and Financial Institutions
Comprehensive burglary insurance covers cash, securities, and other valuable assets, providing robust protection against armed robbery and breaking and entering.
Warehouses
First loss insurance provides coverage for high-value goods stored in warehouses, protecting against significant financial losses due to theft.
How will Burglary & Theft Insurance Policy Help Businesses?
A small electronics store in Mumbai city experiences a devastating break-in overnight. Thieves manage to steal valuable inventory, including laptops, smartphones, and cameras. The total loss amounts to tens of thousands of rupees, leaving the store owner in financial distress.
Covrzy: The Shield Your Business Needs After a Break-in
Without burglary and theft insurance, the electronics store owner would be forced to absorb the entire financial loss, potentially leading to significant debt or even business closure.
Inclusions
Forceful & Violent Entry
Covers losses due to theft involving forced entry into premises.
Armed Robbery
Covers losses due to theft involving the use of weapons or threats of violence.
Damages Due to Theft or Break-in
Covers costs to repair damage to property caused by theft or attempted theft.
Broken locks
Compensation for damaged locks within inured location.
Completed Projects
Covers theft or damage to completed projects at the job site or in storage.
Exclusions
Loss of Income
The policy won't cover lost profits or business income due to theft or burglary.
Exposures Covered by Other Policies
If another policy (like fire insurance) covers the loss, it won't be covered under burglary insurance.
Certain Valuables
High-value items like jewelry might need separate coverage.
Loss due to Employee Dishonesty
Theft committed by your own employees is typically excluded.
War, Invasion, or Civil Unrest
Losses caused by war, invasions, or similar events are not covered.
Expert Guidance
Fast and Easy Claims
Affordable Premiums
Dedicated Claims Support
Why Buy Covrzy’s Burglary & Theft Insurance Policy?
Whether you own a retail store, a quiet office, or a busy warehouse, your business is not immune from theft. Covrzy's Burglary & Theft Insurance defends you from the massive financial loss, offering you complete peace of mind.
Expert Guidance
Fast and Easy Claims
Affordable Premiums
Dedicated Claims Support
Real Life Claim Story
A group of armed robbers broke into the famous electronics store of Muve Junction Electronics in Eastern districts of Uttar Pradesh. They overpowered the security guards, tied them and looted the entire store. The store suffered a loss of ₹10 crores overnight because of a break-in.
Forced Entry
A burglary and theft insurance could’ve easily compensated Muve for the forceful entry and damage cased to their business.
Financial Recovery
Insurance could be the easiest solution that had helped the firm to recover the cost for their stolen electronics. The store could just raise a claim to get compensated, without undergoing a financial crisis.
Frequently Asked Questions
How do I file a claim for Burglary & Theft Insurance?
In the unfortunate event of a burglary or theft, here's a quick guide on how to file a claim:
- •Report the crime
- •Notify your insurer
- •Submit documentation
- •Await assessment
- •Receive compensation
What is First Loss Insurance?
What are the factors that affect Burglary & Theft Insurance policy premium?
Do you have more questions?
Contact us for any queries related to business insurance, coverages, plans and policies. Our insurance experts will assist you.
Recover Against Thefts and Break-Ins With Burglary Insurance
Protect your assets and inventory against break-ins
