The Burglary policy covers against loss or damage to the insured property by:

Any person or business organisation with property to be insured whilst kept in the premises that requires coverage for:

If more than one location is involved, a separate sum insured is to be declared on each location.

Premium is calculated based on the trade of business or occupation, location of premises, type of goods, the classification of building construction and the sum insured. The sum insured is either based on full value of stock stored at the premises at any period or first loss - the maximum potential loss at any one event, usually minimum 20% of full value.