Full Value Basis - where all your assets and/or
property most susceptible to loss or damage by
burglary are insured, or,
•
First Loss Basis - where the sum insured is
an estimate of the maximum probable loss in the
event of any one burglary attempt.
Depending on the sums insured, attractiveness
of property insured and security precautions,
the First Loss Basis of insurance can be both
adequate and economical
