IRDAI License Number: IRDAI/INT/ISNP/2022/250
Burglary occurred in a jewelley shop in the midnight. Jewelley worth Rs 1CR was stolen from the safe of the jewellery store
There was no physical damage to the property and and forceful visible physical marks on the safe from which jewelley was stolen. The claim was rejected by the Insurance as there was no visible physical marks.
Investigation was done by the manufacturer and a report was submitted confirming how the safe can be opened without any physical damage.
Both Burglary and theft should be covered in the policy