Burglary
Products - General



The certificate is to cover for loss of or damage to the property covered by theft whilst contained in the Business or Trade premises.

The Proposer must, at the same time participate in the Fire Takaful scheme placed at the same time otherwise the proposal for this cover will be declined.

Scope of cover:

  1. Theft accompanied by actual, forcible and violent Entry
  2. Damage to the property covered; or Damage to the premises due to such theft or any attempt threat

Indemnity for loss is:

  1. Market value at the time of loss less profit
  2. Net cost of repairing such damage to premises


Types of certificate:

1.Full Value Certificate

The correct sum covered should be what the Proposer considers to be the highest amount at risk at any one time

2.
First Loss Certificate

The sum covered must be not less than the anticipated maximum probable single loss