Theft Insurance Cover

The theft insurance cover indemnifies the insured for loss of property that has been stolen from their business premises. This cover is valid only is there is a forcible entry into or exit from the premises. This means that the premises must be broken into or someone forcefully finding their way out.

The policy also covers the costs of repairing damages to the premises that have been inflicted by the perpetrators in the course of the theft. Cover may also be extended to include riots & strikes and any theft following a hold-up.