This policy will indemnify your organization against loss of or damage to your property as a result of burglary or any attempt thereat accompanied by actual forcible and violent breaking into or out of a building containing the insured property or any part thereof belonging to the insured or held by the insured in trust or commission.

The policy also covers any damage to the property insured or to the premises as a result of a theft or any attempt thereat.

To reduce premium outlay, you can effect this policy on first loss basis whereby the maximum exposure at any point in time will be the basis for premium assessment. That is to say you can decide what is likely to be the maximum loss you can suffer in any one-theft incident.