Incidents like fire and burglary can result in significant loss and destroy your life’s hard work. It takes only a few minutes for a fire to spread in an average-sized building, risking stock that’s worth lakhs or crores. To help you protect your business from such disruptions, THE PURE POLICY offers complete protection against fire damage, burglary, theft and other perils. Our flexible plans, customisable add-ons and bundled policies ensure that you secure your property from multiple risks under a single policy.
Whether you own a retail store for groceries or clothing, a manufacturing unit or a godown, our policies will offer financial protection for your business from unexpected losses. With a high coverage amount of up to ₹50 crores, dedicated customer assistance and all-digital experience, get the perfect partner to safeguard your business.
Secure your livelihood with coverage designed for modern Indian businesses. Explore our comprehensive protection options today.
"Secure your Premises with a Fire & Burglary Policy"
Insurance is essentially a contract between you (the insured) and us (the insurance provider). Fire and Burglary insurance is a complete package tailored for all types of businesses, including mobile phone shops, factories, restaurants, salons or any other place where you run your business..
On purchasing the fire insurance policy and paying premiums towards your business’ safety, we offer protection against the financial loss you may suffer due to a fire outbreak.
Fire insurance protects commercial properties from losses or damages caused by fire, lightning, natural disasters, riots, strikes, etc., and helps them recover quickly. This property can be office buildings, shops, warehouses, godowns, factories, restaurants, salons or any other place where you run your business.
On purchasing the fire insurance policy and paying premiums towards your business’ safety, we offer protection against the financial loss you may suffer due to a fire outbreak.
Burglary insurance protects your business from loss or damage to assets like furniture and fixtures, machinery, equipment, etc., due to a burglary or theft. It is important to note that burglary and theft do not refer to the same incidents in this insurance.
Burglary means a burglar entering your business place unexpectedly and by using unauthorised and forceful ways, such as by breaking and entering. They enter your property and cause damage while entering with the intent to steal the contents.
Theft means stealing movable property dishonestly without your consent, such as company equipment or cash from a shop’s cash register.
On purchasing the fire insurance policy and paying premiums towards your business’ safety, we offer protection against the financial loss you may suffer due to a fire outbreak.
Loss due to burglary or fire can be significant for any type of business. A city in India reported property losses due to fire and other perils, going from ₹74.60 lakh in 2021 to ₹6.37 crore in 2024. This highlights the importance of burglary insurance with fire coverage to bear such high repair expenses and reduce out-of-pocket expenses.
The primary importance of fire insurance is protection against fire-related damage, but its coverage extends to cover other perils, including malicious damage, land subsidence, impact damage, natural disasters and more.
Incidents like fires and burglaries not only cause financial loss but also result in a complete halt of business operations, causing further losses. A bundled, comprehensive plan ensures that you recover seamlessly from the loss and avoid halts in operations.
By securing your premises with comprehensive coverage, you ensure that your partners, investors and customers feel secure about their investment. This, in turn, creates more trust and confidence in your business and boosts your growth.
This insurance not only protects your business property but also protects everything you own as well, such as equipment, machinery and stock. It will protect your highly valued assets against damage or loss due to fire and burglary.
If someone breaks into your office premises and steals your merchandise in stock, fittings, and other assets, it could result in a huge loss. Opting for burglary insurance will offer more financial security and cover any subsequent losses.
It can be especially beneficial if you live in a theft-prone area, as it will cover damages caused to the premises resulting from any robberies, and the cost of the stolen goods will be compensated by your insurer.
Burglary insurance covers all property types under its plans. This includes office spaces, independent shops, chain stores, etc., regardless of their size. For example, owners of large corporations with multiple people entering their premises daily benefit from purchasing burglary insurance.
Burglary insurance covers all property types under its plans. This includes office spaces, independent shops, chain stores, etc., regardless of their size. For example, owners of large corporations with multiple people entering their premises daily benefit from purchasing burglary insurance.
Note: This is not an exhaustive list of inclusions. It varies depending on whether you select the policy’s fire and burglary coverage (or both).
| Burglary & Fire Insurance Policy Coverage | Details |
|---|---|
| Loss or Damage to the contents | Loss or Damage to the contents Caused by burglary/housebreaking, hold-up or fire. (Content here means articles or things in your property that are not permanently attached or fixed to the building) |
| Damage to the Premises | Physical damage, loss or destruction caused to the insured property as described in your policy terms during burglary, hold-up or fire |
| Impact Damage | Damages caused by the impact of external physical objects like vehicles, animals, falling trees, aircraft, walls, etc. |
| Riots, Strikes and Malicious Damages | Damages and losses caused to the insured property due to riots, strikes or fear-mongering activity. |
| Theft | Within 7 days from the occurrence of fire. Optional coverage is available with burglary insurance. |
Note: that this is not an exhaustive list, and coverage details can vary based on your chosen policy details.
| Fire & Burglary Insurance Coverage | Details |
|---|---|
| Explosion or implosion | Explosions or implosions of boilers or other machines that generate steam or their contents are caused by centrifugal forces. |
| Landslides/Rockslides | Damage caused by natural settling, poor construction, defective materials or activities like demolition, structural changes or excavation. Includes erosion or ground movement. |
| Impact Damage | Damage from sonic booms or accidents caused by vehicles, animals, or aircraft owned by you or your employees. |
| Theft | Not covered if it is of any article or item outside your premises and without the applicable add-on. |
| Reported Losses Due to Negligence and Fraud | Losses due to errors, omissions, inventory discrepancies, voluntary actions or fraud. |
Burglary insurance is another type of property insurance that protects your business from loss or damage to assets like furniture and fixtures, machinery, equipment, etc., due to a burglary/theft.
Here, Burglary means unforeseen and unauthorised entry into the premises by forcible, violent and visible means with the intent to steal contents or property.
Whereas, Theft implies taking movable property dishonestly without your consent with the intention of permanently depriving you of the property. Theft is an additional cover that can be opted for under this bundle.
Remember, Theft and Burglary DO NOT mean the same thing under this policy. Generally, this cover comes bundled with a fire insurance plan. It is often included as an add-on cover.
In short, burglary insurance offers additional security to your insured property by providing more coverage. This applies to independent houses, shops, or office spaces owned by you. We provide burglary insurance as an add-on under our THE PURE POLICY Business Guard Laghu and Sookshma plans.
Under a partial loss policy, the portion of the stock or property destroyed is reimbursed after the incurred loss/occurrence of the insured event.
If your insured property is a partial loss, then we will reimburse you for the cost of repairs to the extent required to bring that property to a condition the same as, but not superior, better or more extensive than its condition if it were new on the date, it was damaged.
In case of a partial loss on stock, we will reimburse you to the extent of the loss incurred.
As the name suggests, a total loss policy covers the full value of the insured property lost in a situation where it is completely destroyed, lost, or damaged beyond retrieval or repair; or the cost of repairing it is more than the sum insured of that item. Here are the losses covered under this policy under a total loss:
For Building or Plant and Machinery or Furniture, Fixture, Fittings: In cases of a total loss, we will pay for the total value of the building, plant and machinery or furniture, fixture, and fittings.
If required, we will also pay for the reconstruction of a new building on the same site or another site.
In case of reconstruction on another site, we will only pay up to the amount required to reconstruct the property on the same site. Any additional expenses incurred due to site changes must be borne by you.
For Stock: For total losses in stock, we will pay you,
The landed cost at your premises for stock of raw materials.
The total manufacturing cost for stock of finished goods.
The input value of stock in process at the time of loss.
In Case of Goods Sold But Not Dispatched: The claim amount will be paid on the basis of the contract price of goods if the sale is cancelled wholly or to the extent of loss or damage caused by an insured event.
We understand how much you value your possessions. Therefore, we cover any loss or damage to the contents caused by burglary/housebreaking or hold-up. Additionally, you get coverage for any damage to the premises described in the policy schedule during burglary/housebreaking or hold-up..
In case of an unfortunate incident, we compensate you for the reasonable cost incurred by you for the repair/ replacement of damaged locks and keys of safes and strong room within the insured premises (subject to a limit of 5% of admissible claim) to ensure your safety in the future.
Repairs are expensive! Understanding this, we compensate you for the repair cost of underground cable, pipes, and overhead tanks damaged during burglary/housebreaking or holdup (subject to a limit of 5% of admissible claim).
Burglary and housebreaking can result in expensive potential damages. Hence, burglary insurance premiums are usually pretty high. However, at THE PURE POLICY, we try to give you the best possible protection for your prized possessions at affordable premiums.
You get a paperless, digital, and transparent process with THE PURE POLICY that starts right from buying a burglary insurance plan online to filing an online claim against your policy.
Enhance the protection under your fire insurance policy with the following add-on covers available with THE PURE POLICY. These additional optional covers will be included in your policy schedule when you opt for them after paying an additional premium.
Here are some add-on covers you can opt for to enhance coverage under your fire and burglary insurance:
This add-on covers physical loss or damage to stocks present at more than one location, such as a warehouse, store or distribution centre.
You pay a basic premium upfront, then declare the actual value of your stock later and adjust your payment accordingly.
This add-on automatically covers any new buildings, machinery, plant and other contents for up to a limit of 5% of the total sum insured.
Your coverage amount increases automatically (up to 25%) each year to keep up with inflation or business growth. This is bought for an extra fee premium, which is paid in advance.
Covers accidental loss or damage to the property by any external, visible, and violent means.
If your damaged equipment can't be replaced with the exact same model (because it's outdated or no longer meets regulations), this coverage covers the cost of purchasing newer, equivalent equipment.
Pays the rent of any temporary office or workspace you have to move to if your main location becomes unusable due to fire or burglary damage.
This covers emergency costs to protect your property from further damage (like boarding up windows after a storm or moving inventory to safety).
For construction projects - covers the building work in progress, materials on site, and temporary structures during construction.
Automatically protects property at new locations you acquire for the first 15 days, giving you time to update your main policy.
If branded products are damaged, this covers the removal of logos and labels (up to 25% of SI), allowing you to sell the goods as unbranded items at a lower price.
Covers fire damage to electrical equipment caused by power surges, short circuits, or other electrical problems.
Protects against property damage from terrorist attacks or sabotage at your covered locations.
Protects against theft involving the intention to steal, even without forced entry. It covers losses from burglary and theft of movable property.
The following categories of people or organisations can buy fire and burglary insurance:
This is a fire insurance policy with a burglary cover. It offers coverage for loss or damage to the contents caused by fire and allied perils and burglary/housebreaking or hold-up. Under this combination, you can expect coverage for Damages to the contents and/or premises as described in the policy terms.
Money here implies cash, coins, bank and currency notes, including foreign currency, bank drafts, cheques, money orders, stock, share certificates, and other assets of monetary value. Under this combination, we offer covers for three types of money insurance:
Loss of money belonging to the business of the insured (you) within the insured premises (as stated under your policy terms) caused by burglary, robbery, housebreaking, theft, or hold-up.
Loss of money belonging to the business of the insured (you), while kept at the owner/ director/ proprietor's permanent place of residence, which lies within the geographical area, necessitated only by bank/ government holiday.
This money would otherwise be kept in any safe, strong room or cash box securing money within the insured premises. This cover is valid for up to 24 hours from the time of withdrawal from the bank.
Reimbursements for repairs costs for safes, strong rooms, or cash boxes securing the money damaged during a covered incident up to 5% of the admissible claim.
We will cover losses of money belonging to the business of the insured (you) caused by burglary, robbery, theft, or any other cause while the money is in transit between either:
The named business premises of the insured and/or
The named business premises of the insured and the premises of the insured’s bankers and/or
The locations or situations specified in the policy’s terms.
Loss of money in the till and/or counter incurred during hold-up or robbery during business hours at the insured premises.
Repair costs for the till and/or counter securing the money, which is payable up to 5% of an admissible claim subject to liability being admitted by the insurance company.
In addition to Fire and Burglary cover, Public Liability cover is an important cover that if opted, will ensure that we will indemnify you against your legal liability to pay compensation including Claimant’s costs, fees, and expenses anywhere in India, in accordance with Indian Law and as per limits of liability opted under this cover.
This cover applies to claims arising out of accidents occurring in your insured premises during the period of insurance.
You will be indemnified for liability arising out of injury and / or Damage but only against claims arising out of or in connection with the business specified in the Policy.
It covers repair and/or replacement costs of portable equipment, such as laptops, tablets, mobile phones or any other equipment that belongs to your business. These are covered when the damage arises due to any unexpected events other than those included in the policy.
A reinstatement value cover will be applied based on whether it is a partial or total loss. This is how it is calculated:
-Under partial loss, we cover the depreciation deducted on parts with a limited lifespan.
-Under total loss, we cover the replacement value, including costs, such as freight, installation and customs duties, if included in the sum insured.
The Company will also pay any normal charges for the dismantling of the destroyed machinery.
This policy covers loss or damage to your business's electronic equipment from any cause except those specifically excluded. It can also include:
Coverage for unlisted additions, alterations, or extensions, up to 5% of the insured sum.
Notification and payment for any new insurance coverage as soon as you’re aware.
This ensures your equipment stays protected as your business evolves.
Selecting an appropriate sum insured is essential when buying fire insurance. Choosing an unnecessarily high sum assured results in an excessively high premium. On the other hand, choosing a lower amount than your requirement will leave you with insufficient financial support in case of a mishap. Here, using a fire and burglary insurance premium calculator can help you plan the coverage based on the premium estimate.
Stock.
Building.
Plant and machinery.
Furniture.
Other important personal items.
Micro Business Owners
Micro business owners that have a lot of investment of less than ₹1 crore and a turnover less than ₹5 crores, such as a training institute, a mobile repair shop or a salon.
Small Business Owners
Small independent businesses with a turnover less than ₹40 crores, such as a fashion clothing store or home furnishing and decor store, can protect for a reasonable premium against fire, burglary and similar damages.
Medium Business Owners
Medium-sized businesses, such as chains of restaurants or apparel stores, with total investment amount not exceeding ₹50 crores seek protection against damages caused by fire and burglary.
Large Business Owners
Large businesses with multiple properties and high stakes due to a large-scale operation, such as an IT company or a pharmaceutical factory.
With our fire and burglary insurance policy, you can secure all your properties and reduce the risk of loss or damage.
If someone breaks into your office premises and steals your merchandise in stock, fittings, and other assets, it could result in a huge loss. Opting for burglary insurance will offer more financial security and cover any subsequent losses.
It can be especially beneficial if you live in a theft-prone area, as it will cover damages caused to the premises resulting from any robberies, and the cost of the stolen goods will be compensated by your insurer.
Burglary insurance covers all property types under its plans. This includes office spaces, independent shops, chain stores, etc., regardless of their size. For example, owners of large corporations with multiple people entering their premises daily benefit from purchasing burglary insurance.
It is also useful for people who leave their premises unattended for long periods of time or for owners of large storage spaces where a lot of goods are stored.
Evaluate the worth of your business assets. For example, if you own a grocery store, calculate the property value and your stock’s value before choosing the coverage value or sum insured.
Once you know the coverage you need, ensure the burglary & fire insurance for your business covers the full value of your assets to avoid being underinsured. Compare the coverage options from among the bundled policy options and get the maximum coverage.
Review what the policy doesn’t cover to avoid surprises during claims. For example, suppose you opt for burglary insurance for your business to protect from common thefts, as it is based in a theft-prone area. In this case, the standard coverage will not cover theft. It will only be covered with an add-on.
We offer cost-effective plans that help you balance adequate coverage with a premium that fits your budget so that you receive comprehensive yet affordable coverage to seamlessly recover from a tragic accident.
THE PURE POLICY Fire & Burglary Insurance protects all types of Indian businesses, regardless of their size, with extensive coverage. Our plans provide coverage for property, stock and expensive equipment against fire, burglary and related damages. We also offer 10+ broad add-on covers for enhanced protection, including debris removal, all-risk cover, alternative accommodation expenses cover and more.
With THE PURE POLICY robust customer service and quick claim process, you can reduce operational disruptions and recover quickly. With flexible coverage options and competitive premiums, it’s tailored to meet the diverse needs of businesses, from SMEs to large enterprises, ensuring financial stability during unforeseen crises.
Notify us of the incident within 30 days of the incident via email or through the https://thepurepolicy.com/
Notify the respective local authorities, such as the local police and file the necessary legal documents.
Fill out the claims form and upload any necessary documents, including KYC documents and proof of the incident.
Assist our representatives while they gather evidence and inspect your property for damage and claim requests.
Based on the provided details, we will reimburse the burglary & fire insurance claim amount to your bank account, excluding deductibles and uninsured items.