Burglary Insurance

1. BURGLARY INSURANCE

2. MEANING OF BURGLARY
INSURANCE
 Burglary means theft, robbery or larceny.
 Burglary insurance is the contract that covers any
losses due to a burglary.

3. 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

4. INTRODUCTION
 It is 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.

5. Contd.
 The contract usually requires evidence that the
person owned the stolen items.
 Insurance company generally raises premium in
certain situations.

6. CLASSES OF BURGLARY
INSURANCE
 Residence insurance
 Personal hold-up insurance
 Bank burglary insurance
 Bank robbery insurance
 Safe deposit box insurance

7. Contd.
 Mercantile open stock insurance
 Mercantile safe insurance
 Paymaster or messenger robbery insurance
 Interior office and store robbery insurance

8. Thank you
Presented by : saumya singh
1321760
Christ university