Cash In Transit (Money)

Cash In Transit (Money)

SCOPE OF COVER:  loss of money belonging to the insured   as a result of the following

  • Theft following forcible entry into premises
  • Theft during transit of such money
  • Hold up or threat thereat
  • Hijack
  • Damage to safes during theft
  • Damage to clothing or personal effects sustained by a principal or employee of the insured as a result of assault by a person attempting to steal the money.

Benefits

This policy covers loss of money belonging to the insured as a result 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 as a result of assault by a person attempting to steal the money.
 

Features

The money shall be covered whilst in the premises, on transit from the premises to and from the bank, whilst in the safe including any damage to the safe, whilst with senior authorized staff members.

FAQS

1. Is premium paid at the time of claim? No. Premium is paid at inception of cover. 2. What additional benefits are offered? The institution’s NHIF cards, stamps, stamped cards and the contents of the franking machine are covered.