1. Coverage of insurance:
BIC will indemnify loss of, destruction to or damage to properties; recover or replace damaged properties or any parts thereof.
- Fire, lightning (directly to the insured property) and explosives
- Collision by means of inland transportation
- Collision with aircraft and other aviation facilities or equipments fallen from those facilities
- Earthquakes, volcanoes, tsunamis, storm, flood or flooding, overflow water from water tanks and equipment containing water or plumbing, violence, riots, disturbances, strikes, lockouts of workers, Malicious Act
- Robbery, theft of cash contained in the ATM, including unfaithful actions and/or any act of negligence which insured employees, or any person performing the work as an employee of the insured upon the consent of the Insured …

2. Main Exclusions
- Intentional act or intentional negligence of the insured;
- Deficiency and/or mysterious disappearance of cash in the ATM.
- Consequential loss, damage or loss caused by devaluation or fluctuations of local currencies
- Loss, destruction or damage caused by vermin, insects, fungus or condensation
- Electrical, electronic or machanical breakdown and gradual deterioration
- Change, supplement, or better maintenance of machinery

3. Important Notice to the Insured
The insured shall give:
+ Immediate notice in writing and by phone with detailed particulars and proof as may be reasonably required to us within 07 days after the happening of loss and damage and to the Police in case of loss or damage by theft. BIC will not be liable for any loss if the insured does not inform BIC within 14 days from the date of
+ Take all reasonable precautions for the maintenance and safety of the property and to pervert accident or loss