Sezal Insurance Broking Ltd.



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Money Insurance

Scope of cover

The money insurance policy covers:

	Loss of money in transit caused by robbery, theft, or any fortuitous event
	Loss of money from the insured's safe or strong room caused by theft or Robbery.
	Loss of money from the insured's premises during business hours caused by theft or robbery.

The loss of money in transit should occur when being carried by the insured or his
Authorized employee, who means employees named in the schedule

Sum Insured

	Limit of the insurer’s liability for any one loss.
	Estimated amount in transit during the year.

Exclusions

The Policy does not cover loss or damage on account of:

	Any consequential losses of any kind.
	Loss arising out of the infidelity of the insured or employees.
	Loss of money from the insured premises where the money is not kept in a Safe or strong room after business hours.
	Money carried under a contract of affreightment
	Loss of money from an unattended vehicle
	Loss in any way contributed to by the insured
	Loss caused by AOG perils.

Extensions

	Infidelity of Employees can be covered to certain extent
	Assault to employees during transit
	Strike, Riots and Malicious Damages
	Terrorism
	Temporary Employees
	Disbursement Risk