Loss of Locker Contents

Covers banks legal liability against claims, damages and demands, including any costs and expenses incurred by the Banks in connection therewith the losses which are, during the period of insurance as stated in the Policy, sustained or discovered to have been sustained by reasons of forcible violent entry and house breaking of the lockers leading to burglary and robbery of any securities, bonds, certificates, bills of exchange, bank notes, jewelry, specie or any other property or articles of intrinsic value, the property of locker holders/ customer's and/or depositors or property entrusted by others to such customer's, contained in safe deposit boxes, lodged in the safe deposit vaults or locker room of the Banks premises including boxes (ownership/rented/leased/ licensed) and while such property, articles or boxes are in the premises of the Bank, temporarily outside the Safe Deposit Boxes or at present or future branches of the Bank wherever situated within the geographical limits of Pakistan.

Damage to office contents

Covers the losses arising out of the damage to the premises and all furnishings, fixtures, fittings, equipment, safes and vaults therein caused by burglary or robbery or attempt thereat provided the Bank is the owner thereof or is legally liable for such damage and provided also that such damage is incurred in the course of a burglary or robbery or attempt thereat of a safe deposit box or boxes.

Defense costs and expenses

Covers the investigation and defense costs of the claims, suits or other proceedings brought against the Bank arising out of the losses caused by the Bank’s customer's due to the reasons covered by the Policy