New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap and ransom, and off-premises exposure is known as?

    A Fire Policy Correct Answer Incorrect Answer
    B Burglary Policy Correct Answer Incorrect Answer
    C Jewelers Block Policy Correct Answer Incorrect Answer
    D All of the Above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    It also covers damage to your premises caused by burglars during burglary or attempts at burglary. The Policy pays actual loss/damage to your insured property caused by burglary/house breaking subject to the limit of Sum Insured. ... The Policy can be extended to cover Riot, Strike, Malicious Damage and Theft.

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