There are key differences in these policies for which specific insurance should be considered
Burglary and Theft
Burglary is defined as violent and forcible entry as per the Indian Penal Code
Theft is a more generic term in which the person intentionally and fraudulently takes the property of another without permission or consent.
This is a comprehensive coverage available for employees as well as third party against employee theft, forgery, frauds related to information technology and funds transfer
This policy keeps the company indemnified against acts of dishonesty by staff members. It is normally taken on an unnamed basis providing coverage to an organization covering acts of infidelity.