This is an insurance against loss or damage by theft of property belonging to the Insured or for which he is responsible whilst at the Premises after actual forcible and violent entry of or exit.

The policy not only cover the content of the Premises but also any damage to the Premises falling to be borne by the Insured as a consequence of the forcible entry or exit or any attempt thereat. The indemnity payable in any period of insurance is limited to the sums insured and if the sums insured is inadequate, the claim will be proportionately reduced by the extent of underinsurance.

• War and kindred risks, civil war, mutiny, civil commotion assuming the proportion of or amounting to popular rising, military rising, insurrection, rebellion, revolution, conspiracy, military or usurped power, martial law etc and acts of terrorism.
• Ionizing radiations or contamination by radioactivity from nuclear fuel or nuclear waste from the combustion of nuclear fuel.
• Nuclear weapons material.
• Consequence of strike or riot.
• Loss or damage occasioned by fire howsoever caused.
• Damage to plate glass or any decoration or lettering thereon.
• Loss or damage occasioned by person lawfully on the premises or connivance of any of the Insured's household or business staff or employee.
• Deeds, bond, bill of exchange, promissory notes, cheques, money or securities for money, coinsurance, medals, stamps, stamp collections, jewelry, watches, furs, precious metal, precious stones or any articles, document of title to property, contracts or other documents, business books, computer system records, manuscripts, curios, sculptors, rare books, plan, pattern, moulds, models or designs unless specially insured.
• Loss or damage when the premises is left without an inhabitant for consecutive 4 days and nights.

Generally, theft insurance can be covered specially for a first loss basic but the full value must still be declared to Underwriter for the purpose of calculating the premiums. A deductible is still applied in some cases even though the cover is first loss basis.

• Nature of the risk.
• Type and value of the goods involved.
• Situation or location of the risk.
• Construction and risk protection.
• Duration of inoccupation, if any.
• Past loss experience.

Note: This information is for briefing purpose only. Full detail and conditions of policy cover are contained in VIA's official policy wording.