Friday, 20 July 2012

Insurance and Services


Money Insurance
This insurance provides coverage to the Insured against loss of Money in the form of Cash, Bank Notes, Currency Notes, Cheques, Postal or Money Orders whilst :
1.     being kept in a locked safe, cash register in the premises, or
2.     being in transit from the premises to the bank and vice versa.
from causes like burglary, armed robbery or hold-up or any other losses not otherwise excluded in the policy. 

Some of the major exclusion of the policy includes unexplained losses, act of fraud or dishonesty of employees, accounting errors, and whilst being left in an unattended vehicles.
 

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