This Policy is designed to provide coverage against loss of money in the form of cash, bank notes, currency notes, cheque, postal or money being kept in the premises or while in transit. Suitable for businesses such as retail shops, restaurants, supermarkets or offices that handle high amount of cash.
The policy provides coverage against :
Loss of Money While in Transit
You are covered for the loss of money in the personal custody of the authorised personnel while in direct transit between the banks and prescribed premises vice versa.
Loss of Money Kept in Premises
You are covered for the loss of money within the prescribe premises during and outside business hours. The money must be secured in locked drawers or cabinets or safes, or strongrooms.
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