Money insurance cover provides for loss of money in direct transit or on premises including damage to safes or strong room caused by theft or any attempt threat.
FEATURES
This policy covers loss or damage to money by robbery or theft while: –
In transit from your premises to the bank and vice versa
In your premises during business hours
In your premises in locked safes/strong rooms outside business hours
Loss of money in the custody of an authorized employee,
Loss of, or damage to safes or strong rooms insured in the process of a theft or threat
BENEFITS
This policy covers loss of money belonging to the insured because of the following:
Theft following forcible entry into premises
Theft during transit of such money
Hold up or threat
Hijack
Damage to safes during theft
Damage to clothing or personal effects sustained by a principal or employee of the insured because of assault by a person attempting to steal the money.