Plate Glass Insurance

Plate Glasses are fitted in lots of buildings and due to their fragility, they can get damaged because of multiple accidental reasons therefore, in order to remain protected, businesses want to cover their Plate Glasses through insurance which SGI is providing against the risk of accidental breakage. Security General Insurance Company Ltd, in case of a loss, would either pay a sum equal to the value of the broken glass, calculated at the current market price of glass on the date of the breakage, less the value of any salvage or will replace the broken glass with glass of similar quality, subject to furnishing of satisfactory proofs of loss.