MONEY INSURANCE

MONEY INSURANCE

Money shall mean and include Cash, Bank Draft, Currency Notes, and Cheques, Postal Orders & money order and Current Postage Stamps.

This Insurance Policy provides cover against loss of money in transit while being carried by the Insured or Insured’s authorised employee(s) occasioned by
robbery, theft or any other fortuitous cause. This Insurance Policy also covers loss by burglary or housebreaking whilst money is retained at Insured’s premises,
in safe(s) or strong room

This Insurance Policy does not cover loss or damage due to Flood, Cyclone, Earthquake and other Convulsions of Nature, War and Warlike Operations, Civil
Commotion, Riot and Strikes & Terrorists Activities, Shortage due to error or omission, by use of keys to safe(s) or strong room, unless such keys are obtained by
force or threat, whilst being carried under contract of affreightment, theft from unattended vehicle and Consequential loss

Comments are closed.