Money Insurance
covers cash in transit to and from the insured’s business premises until it is delivered at the insured’s bank. This policy also covers cash in premises, cash in personal custody, and cash in safe during business hours/out of business hours.
Coverage includes:
- Cash-In-Transit
- Cash-In-Safe
- Cash-In-Personal custody of trusted employees
- Damage to Safe
- Cash-In-Premises
Coverage
Loss of money belonging to the insured or for which the insured is responsible occurring whilst in transit from any of the insured’s premises as a direct result of theft accompanied by violence by any person other than an employee of the insured
from a locked, safe or strong room at any of the insured’s premises or a night safe at a bank anywhere in the area stated in the schedule hereto:
- Whilst in the custody of named employees of the insured
- Cash on counter/premises during business hour
- Loss of or damage to safes and strong room resulting from theft of money or any attempt thereat. Up to the amount stated in the schedule as the limit of liability for any one loss.
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