This insurance is designed for entrepreneurs operating in various industries.
Burglary and Robbery Insurance can cover not only the property owned by the insured but also property in their possession, custody, or control. The subject of the insurance includes:
- machinery,
- equipment,
- cash,
- furnishings,
- current assets,
- low-value assets,
- third-party property, as well as
- employee property.
The scope of the insurance covers damage to property caused by burglary or robbery. It also covers the costs of:
- employing all available measures to mitigate damage to the insured property and to secure insured property directly at risk of damage,
- clearing debris after a loss,
- repairing damaged or destroyed security measures, including costs related to damage to walls, ceilings, roofs, windows, and doors, provided such damage occurred in connection with a burglary.
