Money Insurance
Money Insurance
Cover against loss of Money In Transit and In The Premises by any cause whatsoever occurring within the Territorial Limit, and cost of repair or replacement of safe or strongroom or other receptables damage by theft or attempt theft, subject to policy exclusions.
More Information
*Definition of money would include cash, banknotes, currency notes, cheques, postal orders, or money orders.
- Money while in transit to or from any of the Insured's Premises or Contract Sites, Financial Institutions, Post Office until arrival at any of the Insured's Premises or finally deposited and/or salaries until paid to employees or otherwise disbursed.
- Money In Premises Including Petty Cash and Money in Cash Register/Locked Safes/Drawers/Cash Register/ Cashier/ Strongroom during and after business hour.
- Money In Personal Custody can be extended in policy if company allowed the authorised personal or officer to carry money back to home.
- Cost of repair or replacement to the damaged locked safe or strongroom resulting from theft of money or any attempt thereat.
- Personal Accident Compensation in the form of a personal accident benefit to employees who may be injured during a robbery whilst accompanying or carrying money.