Service Details
Money Insurance provides protection against the loss of money due to theft, robbery, or any unforeseen event while in transit or stored securely on the insured’s premises. The policy typically covers cash, cheques, and other negotiable instruments during transfer between business locations, banks, or ATMs, as well as money kept in a locked safe or cash register.
This insurance is essential for businesses that handle regular cash transactions, ensuring financial stability and peace of mind by safeguarding against unexpected monetary losses.
Frequently Asked Question
A: It covers loss of money due to theft, robbery, or other unforeseen events while in transit, at business premises, or in a secured safe.
A: Businesses such as retail shops, restaurants, banks, and corporations that handle cash or valuables frequently should consider this coverage.
A: Yes, most policies provide coverage for money stored securely in safes or strong rooms outside business hours, subject to policy limits.
Service Included
- Money in Transit Coverage
- Money at Premises Coverage
- Loss Due to Theft or Robbery
- Extended Protection Options