Money Insurance

This is another type of All Risks policy which is designed to cover any fortuitous event that could result in the loss of cash while in the course of transit either to or from the bank. The cover will also operate while the money is on the premises of the insured and while in a securely locked safe. The policy can also be extended to cover cash in the personal custody of selected management staff.

For underwriting purposes, we require the following information to enable us submit quotation:

• Limit of money to be carried in any single transit
• Estimated Amount to be carried in any one year
• Limit of cash to be kept in securely locked safe
• Limit of cash in personal custody of designated management staff