Immediate notice to the insurers indicating the circumstances of loss should be given upon the happening of any event giving rise or likely to give rise to a claim under the policy.
The proposal form for burglary insurances contains questions relating to name and address of the proposer, situation of the premises and sum proposed item wise etc.
Nature of insured property, premises in which the insured property is housed and safety measures taken are important underwriting considerations for burglary insurance.
Some of the important types of policies used are Full Value policies, First Loss policies and Floating policies etc.
Some of the policies including the peril of burglary are Burglary (private dwellings) insurance policies, All Risks insurance policies and Baggage insurance policy etc.
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