Money Insurance
Money insurance is a cover which indemnifies the insured against loss of money
What is Money Insurance?
This insurance policy offers protection against the loss of money, cheques, securities, and other items belonging to your company. This includes while in transit (with the exception of postal sending) between pre-agreed destinations, when on the areas of the schedule-listed insured’s property, while in the safe at the insured’s premises
Why is Money Insurance important?
- Insurance will help you recover the lost money
- It will protect you from any unpredicted event at your business premises
- Insurance will cover the monetary cost of your unaccounted fatal expenses that can happen in your life course
What is covered?
Money Insurance covers robbery or theft of money carried by yourself or authorized persons while in transit or within your business premises. Such policies define money as cash, bank drafts, currency notes, treasury totes, cheques, postal orders and current postage stamps.