MONEY INSURANCE 

This policy is designed to protect businesses and organisations against the financial loss of cash and other monetary instruments due to theft, robbery and burglary. It is important for businesses that handle significant amounts of cash, such as banks, wholesalers and transport companies.

Scope of cover

The policy offers cover against loss of cash, cheques, postal orders and postal stamps:-

• While in direct transit from the bank to the insured’s premises or to the places of disbursement.
• While in transit from insured’s premises to the bank.
• While in the personal custody of the insured or the authorized employees
• While in secure locked safe, strong room in the insured’s premises during and after working hours.