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Burglary Insurance Proposal Form PDF

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0% found this document useful (0 votes)
153 views5 pages

Burglary Insurance Proposal Form PDF

Uploaded by

Heemanshu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

THE NEW INDIA ASSURANCE COMPANY LIMITED

Regd. & Head Office : New India Assurance Building, 87, Mahatma Gandhi Road, Fort,
Mumbai 400 001.

PROPOSAL FORM FOR BURGLARY AND HOUSE-BREAKING INSURANCE (BUSINESS


PREMISES)

CODE FOR OFFICE USE ONLY

DEV OFFICER AGENT ACCEPTED BY _______________


DATE OF TIME _______________
RATE _______________________
ADDRESS OF ISSUING OFFICE REMARKS ___________________
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POLICY NO.__________________
COLLECTION/SCROLL NO._____

______________________________________________________________
NOTE : PLEASE ANSWER EVERY QUESTION AND FULLY

1. (a) Name and address of the Proposer


in full (BLOCK LETTERS) __________________________

(b) Name of the Financial Institution/s


(if any financial interest is involved) __________________________

(c) Nature of Trade or Business __________________________

2. Address of the premises to be insured __________________________

3. (a) Whether Warehouse, godown Shop


or Office ? __________________________

(b) How long have you been an occupant


Of premises. _________________________

(c) Are you the sole occupant ? __________________________

(d) If not, who are other occupants ? __________________________

4. What materials are used for construction ?


e.g. Concrete, Bricks, Iron Sheet or
Timber etc.

(a) Walls __________________________

(b) Roof __________________________

(c) Floor __________________________

5. What protection is provided to ;

(a) Doors : __________________________

(b) Windows __________________________

(c) Skylights, Ventilators, Exhaust


Fans, Lights, Airconditioners
Trap Doors ? __________________________

(d) Any other opening __________________________

(e) Mention any special precautions


you have adopted for safeguarding
your property __________________________
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6. (a) Are the premises occupied by you at


night ? if not, by whom ? __________________________

(b) Will the premises be guarded by


Watchman ? __________________________

(c) Will the premises at any time be


left un-occupied ? __________________________

(d) If so, how often and for how long ? ___________________________

7. (a) Are all valuables secured in safe(s)


outside business hours ? ___________________________

(b) Give (1) Maker’s Name (2) Height


(3) Width (4) Depth and
(5) Weight of Safe(s), ___________________________

(c) How many keys are there to the


Safe(s) and with whom are they
kept ? Can the safe(s) be opened
by a single key or by a combination
of two or more keys ? __________________________

8. (a) Are Stock and Sales books


maintained ? __________________________

(b) How frequently are these entered ? _________________________


(c) How after is stock taken ? __________________________

(d) Where are these books kept outside


Business hours ? __________________________

9. (a) Have any premises occupied by


you been entered by thieves ? __________________________

(b) If so, give full particulars stating when


and how access was obtained and the
extent of the loss. _________________________

(c) What precautions have been adopted


to prevent such a recurrence ? _________________________

10. Is the risk currently insured against


Burglary ? If so, _________________________

(a) The name of Insurance Company _________________________

(b) Policy No. _________________________


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(c) Period _________________________

11. Has any Company in respect of your


Burglary Insurance : _________________________

(a) Declined your proposal ? _________________________

(b) Cancelled or refused to renew your policy? __________________

(c) Accepted your proposal on Special


terms and conditions ? _________________________

12. Have you ever claimed upon any Company


for loss by Burglary or House breaking ?
If so, give details _________________________

13. Amount for which contents are currently


Insured against fire and name of the
Company _________________________

14. Give full description of contents (i.e. the


Property to be insured) of the premises _________________________

15. Do you need cover against Riot and


Strike, terrorist activities on payment
Of additional premium ? _________________________

16. PROPERTY TO BE INSURED (give full


Details ) SUM TO BE INSURED (Rs.)
(a) Stock-in-Trade (as described in
Item 14 above)

(b) Goods held by the Proposer in


Trust or on commission for which
he is responsible.

(c) Furniture, Fixtures, Fittings,


Utensils and Appliances in trade.

(d) Coins and/or Currency Notes in


Locked safe

(e) Others (to be specified) __________________________


Total Rs.

N.B. To obtain full indemnity it is necessary to insure for the full value of the property in the
premises.

17. From ______________________To ______________________________

I/We do hereby declare that the above statements and answer are true and that I/we have
not withhold any information whatsoever regarding the Proposal. I/We agree that this
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proposal and declaration shall be the basis of the contract between me/us and The New
India Assurance Co., Ltd. whose Policy for the Insurance proposed is acceptable to me/us.
I/we undertake to exercise all ordinary and reasonable precautions for safety of the
property as if it were uninsured.

Place :

Date : Signature of Proposer

Note : 1. The liability of the Company does not commence until the proposal
has been accepted by the Company and the premium paid.

2. Premium will be quoted on application.

DEVELOPMENT OF OFFICER’S REPORT

The Proposer is known to me/my agent for ________years and I recommended acceptance of
this proposal.

Date :

Place : Signature of Dev. Officer

Name and Code No.


PROHIBITION OF REBATE

Section 41 of the Insurance Act 1938

No person shall allow or offer to allow, either directly or indirectly, as an inducement to any
person to take out or renew or continue an insurance in respect of any kind of risk relating to
lives or property in India any rebate of the whole or part of the commission payable or any
rebate of the premium shown on the policy nor shall any person taking out or renewing or
continuing a policy accept any rebate except such rebate as may be allowed in accordance
with the prospectus or tables of the insurers.

Any person making default in complying with the provisions of the section shall be punishable
with fine which may extend to five hundred rupees.
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