If you run a small shop in Accra, a container store in Kumasi, a workshop in Tema, or even rent a room in a shared house, burglary is a real and frightening risk. Thieves target laptops, phones, cash, fridges, generators, and stock. Replacing stolen items can cost months of savings. That is why Oxbridge Insurance Brokers Ltd offers a simple, affordable Burglary Policy designed specifically for Ghanaian SMEs and low‑income earners—from as low as GHS 120 per year.
What Is a Burglary Policy?
A Burglary Policy is a standalone insurance contract that pays you cash compensation if insured property is stolen following forcible and violent entry into your business or home. It does not cover simple theft (e.g., pickpocketing or an open door) but focuses on break‑ins—where doors, windows, locks, or walls are damaged by an intruder.
At Oxbridge Insurance Brokers Ltd, we have simplified the policy so that small business owners and families on a budget can understand exactly what is covered, what it costs, and how to claim.
Why a Burglary Policy Is Essential for Ghanaian SMEs & Lower‑Level Clients
| Risk | Consequence Without Insurance | Solution |
|---|---|---|
| Shop broken into overnight | Loss of GHS 2,000–10,000+ stock | Policy pays replacement cost |
| Laptop & printer stolen from home office | GHS 3,000–7,000 to replace | Claim covers new equivalent |
| Cash box taken from container shop | Entire week’s savings gone | Cash cover up to agreed limit |
| Generator stolen from compound | GHS 1,500–5,000 loss | Generator cover available |
Burglary is not “if” but “when” for many high‑footfall areas. A small premium protects you from a large, sudden loss.
What Assets Can You Insure Under a Burglary Policy (SME & Household)?
You choose what to protect. Lower premiums for lower sums insured.
| Asset Type | Examples | Typical Sum Insured (GHS) |
|---|---|---|
| Stock & goods | Provisions, cosmetics, phone accessories, clothing | 1,000 – 20,000 |
| Office equipment | Laptop, printer, calculator, fan | 1,000 – 5,000 |
| Household contents | TV, fridge, microwave, phone, jewellery | 1,000 – 10,000 |
| Cash in safe (or locked drawer) | Daily sales, petty cash | 200 – 2,000 |
| Tools & machinery | Generator, welding machine, sewing machine | 500 – 5,000 |
Minimum premium starts from just GHS 120 per year for GHS 1,000 cover on stock or contents.
Quoted Examples for Low Level & SME Clients (Ghana Cedis)
Below are real, affordable policy structures we offer at Oxbridge Insurance Brokers Ltd. Premiums are annual.
| Cover Package | Sum Insured (GHS) | Annual Premium (GHS) | Best For |
|---|---|---|---|
| Micro Trader | 1,000 | 120 | One‑table seller, phone repair stall |
| Small Shop | 3,000 | 300 | Container shop, provision store |
| Home Basic | 2,000 (contents) | 220 | Single room, shared flat |
| Home Plus | 5,000 (contents + electronics) | 500 | Two‑bedroom house, local landlord |
| SME Stock | 10,000 | 900 | Mini‑mart, salon, bakery |
| SME Stock + Cash | 10,000 stock + 1,000 cash | 1,100 | Shop that keeps daily cash |
Note: Premiums vary slightly by location (e.g., high‑crime area may add 10–15% loading). We quote before you pay.
What Is Covered (Forcible & Violent Entry)
Your Burglary Policy pays when an intruder enters your insured premises by:
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Breaking or forcing a door or window
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Cutting through a padlock, grille, or burglary proof
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Removing a wall, ceiling, or floor
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Using false keys (only if obtained by threat or theft – check with us)
Coverage applies to:
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Theft of insured items after forced entry
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Damage to doors, locks, or windows caused by the burglary (up to GHS 500–1,000 depending on package)
What Is NOT Covered (Exclusions – Read Carefully)
At Oxbridge Insurance Brokers Ltd, we explain exclusions so you never get a nasty surprise.
| Situation | Covered? |
|---|---|
| Intruder walks through an unlocked door | ❌ No – no forcible entry |
| Employee steals from your shop | ❌ No – that is fidelity guarantee (separate policy) |
| Theft by a family member or guest | ❌ No |
| Cash taken from an unlocked drawer | ❌ No – cash must be in a locked safe or strongbox overnight |
| Items stolen from a car or outside | ❌ No – premises only |
| Loss of money due to trickery or fraud | ❌ No |
| Fire or flood damage | ❌ No – that is fire or comprehensive policy |
How to Keep Your Premium Low (For Lower‑Level Clients)
We want everyone to afford protection. Follow these tips to reduce your premium:
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Install a strong padlock and grille – Even basic burglar bars reduce premium by 5–10%.
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Keep cash in a small safe bolted to the floor – Minimum GHS 150 safe qualifies.
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Do not over‑insure – Insure only what you actually own. GHS 2,000 cover costs much less than GHS 20,000 cover.
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Join a neighbourhood watch or CCTV cluster – Some areas qualify for “security discount.”
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Choose a higher excess – Excess is the amount you pay first. Example: Accept GHS 100 excess (instead of GHS 50) and save 15% on premium.
| Excess Amount (GHS) | Effect on Premium |
|---|---|
| 50 | Standard price |
| 100 | Save ~10–15% |
| 200 | Save ~20–25% |
How to Claim After a Burglary (Simple Steps)
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Do not touch anything – Preserve the scene for police.
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Call police immediately – Obtain a police report (case number). This is mandatory.
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Take photos/videos – Show broken door, cut padlock, empty shelves.
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Call Oxbridge Insurance Brokers Ltd within 24 hours – We will email you a claim form.
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Submit receipts or proof of ownership – If no receipt, photos or witness statements may help.
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Claim paid within 10–15 working days once all documents are verified.
Real‑Life Scenario – Ghana SME Client
Madam Akua runs a small provision shop in Kasoa. She insured GHS 3,000 worth of rice, oil, tins, and drinks under a Burglary Policy with Oxbridge. Premium: GHS 300 per year.
One night, thieves cut the padlock on her roll‑up shutter and stole GHS 1,800 of stock. They also damaged the shutter (repair cost GHS 250).
Claim outcome:
Stock loss: GHS 1,800 paid
Shutter damage: GHS 250 paid (within policy limit for damage)
Total paid: GHS 2,050
Her cost: Only GHS 50 excess
“I paid GHS 300 and received GHS 2,050. The policy paid for itself seven times over.” – Madam Akua, Kasoa.
Burglary Policy vs. Comprehensive Policy – Which One for Low Budget?
| Feature | Burglary Policy (GHS 120–1,100/year) | Comprehensive Home Policy (GHS 800–3,000/year) |
|---|---|---|
| Theft with forced entry | ✅ Yes | ✅ Yes |
| Fire, flood, storm | ❌ No | ✅ Yes |
| Third‑party liability | ❌ No | ✅ Yes |
| Accidental damage | ❌ No | ✅ Yes |
| Best for … | Low budget, high theft risk | Whole property protection |
Our advice to low‑level clients: Start with a Burglary Policy. It is the most affordable way to protect against the most common risk – theft. Later, upgrade to comprehensive when income allows.
Why Oxbridge Insurance Brokers Ltd for Your Burglary Policy in Ghana?
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We operate in Ghana – We understand local risks, police procedures, and claims realities.
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Lowest entry point – GHS 120 per year (that is GHS 10 per month) available for micro businesses.
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Plain language policy wording – No confusing legal English.
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Fast claims – We help you with police report and documentation.
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Flexible payment – Annual lump sum or quarterly (some packages, ask us).
Final Word – Don’t Let One Night Empty Your Shop
Burglary happens fast, but recovery can take years. For less than the price of a cheap phone or a few bags of rice, you can insure your stock, electronics, and tools against break‑ins. Oxbridge Insurance Brokers Ltd makes it simple, affordable, and local.
Call us today for a free quote in Ghana Cedis, no obligation. Protect your hustle. Protect your home.
Oxbridge Insurance Brokers Ltd – Securing Ghanaian SMEs, one policy at a time.
