People run for insurance cover
While the police force in Noida are unable to put a leash on miscreants who roam free on the streets snatching chains and committing daylight burglaries, residents are resorting to insurance cover for their valuables, reports Kapil Datta.Updated: Apr 12, 2008 01:18 IST
While the police force in Noida and Greater Noida are unable to put a leash on miscreants who roam free on the streets snatching chains and committing daylight burglaries, residents are resorting to insurance cover for their valuables. They are paying extra premium to cover thefts outside their homes and chain snatchings too.
Madhur Sood, in-Charge of National Insurance Company counter at Laser Seromia complex in Greater Noida told the Hindustan Times on Friday, “Due to unabated chain snatching incidents in Noida and Greater Noida, residents have started opting for all-risk household policy. In recent months, there has been a 25 per cent increase for all risk policies.”
With risk policies covering their goods, women have now started wearing real gold instead of imitations. “It’s useless if one has to keep their jewellery in lockers. Since we've got an all-risk policy now, I’ve switched to gold jewellery from imitation jewellery,” said Sneh Lata resident of Sector Alpha and BPO employee.
“Even a stroll outside the house is not safe these days, as several snatchings have taken place even in front of the house. Even locked houses are not safe as daylight burglaries also take place even when the house owner goes out for an hour,” said Mahesh and Anjana, a newly wed couple who shifted to the city around 45 days ago at Sector 53 Noida.
“For one month Mahesh or I remained at home due to fear of daylight burglary. Now I would like to get a job too,” added Anjana.
“By paying a premium of just one per cent of the sum insured, one can get an all-risk household insurance policy. Risks covered include fire and burglary. On jewellery of Rs 1 lakh, the annual premium is just Rs 1,000. It also includes chain snatching,” said Sood. This is especially beneficial for young working couples who enjoy late night dinners outside without worrying about burglaries, said Sood.
“Earlier, people were insuring against fire and burglary at a premium of Rs 240 per lakh. But now they prefer to shell out additional Rs 760 per lakh to include outside thefts or chain snatchings,” she added.
Senior police officers have, however, appealed to the public not to wear gold jewellery in crowded places.