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MONEY POLICY (GENERAL CONDITIONS (ASIGNMENT, 2.CANCELLATION, FRAUD, 4…
MONEY POLICY
GENERAL CONDITIONS
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- MATERIAL CHANGE OF SUBJECT MATTER
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EXCLUSION
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- loss or damage by or through the collusion
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- loss occuring when the premise is closed
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- loss or damage directly or indirectly
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WARRANTIES
- all money paid out on the day which it received
- responsibility of the insured to disclose the actual amount of money
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- safe or strong room duplicates key must be kept awat from the portion of insures's premises
SCOPE OF COVER
- MONEY IN TRANSIT (money in the personal custody of insured)
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- DAMAGE TO SAFE OR STRONG ROOM ( cost of repair or replacement of locked safe or strong room)
ADDITIONAL COVER
- personal accidents to the messenger or custodians
- armed robbery and hold up at the insured's premises
- riot,strike and civil commotion
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