Burglary Insurance

Burglary Insurance

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  BURGLARY INSURANCE
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  MEANING OF BURGLARY INSURANCE  Burglary means theft, robbery or larceny.  Burglary insurance is the contract that covers any losses due to a burglary.
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  ORIGIN OF BURGLARY INSURANCE  Originated at Lloyds in London in 1887  First company to issue policies was the 'Mercantile Accident And Guarantee Company' of Glasgow
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  INTRODUCTION  Itis particularly important for small businesses whose owner's risk losing their livelihood due to theft.  Burglary insurance is an add-on to other insurance policies.
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  Contd.  Thecontract usually requires evidence that the person owned the stolen items.  Insurance company generally raises premium in certain situations.
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  CLASSES OF BURGLARY INSURANCE  Residence insurance  Personal hold-up insurance  Bank burglary insurance  Bank robbery insurance  Safe deposit box insurance
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  Contd.  Mercantileopen stock insurance  Mercantile safe insurance  Paymaster or messenger robbery insurance  Interior office and store robbery insurance
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  Thank you Presentedby : saumya singh 1321760 Christ university