General Insurance · intermediate
Burglary Insurance
How burglary insurance works: the forcible-entry test that separates burglary from other theft, first loss policies, and how claims are assessed and disputes are taken forward.
- 01Scope & CoverageWhat a burglary policy covers and what it leaves out: the forcible and violent entry test, the property insured, the exclusions for employee theft and unexplained shortages, under-insurance, and the first steps after a break-in.
- 02First Loss PolicyHow a first loss burglary policy works: a limit set at the largest realistic single loss, the declared total value that supports it, what happens when that value is understated, and how the premium and renewal are handled.
- 03Claims & DisputesThe path of a burglary claim, from police report and survey to the insurer's decision, with IRDAI's time limits for retail policies, the fraud condition, and the routes open to a policyholder who disagrees with the outcome.