The crime of theft in different forms has been on the increase. At GSIC, we have designed innovative methods to meet the various needs. We cover both business and non-business risks including private dwelling premises.
For businesses dealing with large quantities of stock and bulky items not highly susceptible to theft, we provide coverage base on Probable maximum Loss. This is an effective cost saving method as coverage is not only limited to items stolen but damage to the premises, doors, windows, furniture, etc., inflicted in the course of theft or attempted theft. In addition, we also provide Personal Accident Coverage for watchmen and members of the insured's household who may suffer injury or death during any theft operation.
