Under what circumstances Burglary/Theft is covered under Fire Insurance Policy?
It is covered under Riots, Strike and Malicious Damage (RSMD) peril. If the exclusions under this peril are studied carefully, the Burglary is not covered only due to Malicious Damage which means it is covered due to Riots and strike (refer exclusion “d”). For your ready reference the peril is reproduced as under
| RSMD: “Loss of or visible physical damage or destruction by external violent means directly caused to the property insured but excluding those caused by”
a. total or partial cessation of work or the retardation or interruption or cessation of any process or operations or omissions of any kind.
b. Permanent or temporary dispossession resulting from confiscation, commandeering, requisition or destruction by order of the Government or any lawfully constituted Authority.
c. Permanent or temporary dispossession of any building or plant or unit or machinery resulting from the unlawful occupation by any person of such building or plant or unit or machinery or prevention of access to the same.
d. Burglary, housebreaking, theft, larceny or any such attempt or any omission of any kind of any person (whether or not such act is committed in the course of a disturbance of public peace) in any malicious act.
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