Money insurance covers direct loss or theft of money, currency notes, coins, bank cheques, postage stamps, and postal orders across core business operational phases.
Coverage Circumstances
- In Transit: Loss or robbery while moving money between company premises and banking facilities.
- On Premises During Business Hours: Theft or armed robbery while money is in cash tills or counter custody.
- In Locked Safes Overnight: Loss of money locked in approved steel safes or reinforced strong rooms outside working hours.
- In Custody of Senior Staff: Cash held by authorized company directors or senior executive staff.