- The scope of cover is limited to burglary and house breaking only. It does not include related perils like larceny which are not covered by the definition
- The claim amount reduces sum insured every time a claim is paid. However, the sum can be reinstated on payment of pro-rata additional premium
- Property insured is covered only when it is lost from the insured prem- ises and not from any other location
In the case of goods, which are of low value in high bulk, (such as cotton in bales, grain, sugar etc) the risk of losing the entire stock on a single occasion is considered remote. The value that can be burgled is then ascertained as Probable Maxi- mum Loss and the premium is charged for this maximum probable loss while covering the entire stock at risk.
Entice Energy is a startup that aims to supply energy (starting with gas) to domestic household across the UK.