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Money Policy (EXCLUSION (1.Shortage due to erroror omissionor resulting…
Money Policy
EXCLUSION
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- Loss or damage by or through the collusion of or the fraudulent embezzlement by or the fraudulent
- Loss occurring outside the Territorial Limits.
- Anyloss occurring when the Premises are closed unless the money are in a locked safe or locked strong-room.
- Any loss or damage occasioned by or through or in consequence, directly or indirectly, of any of the following occurrences,
- Loss from an unattended vehicle.
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SCOPE OF COVER
Money in Transit
Monies in the personal custody of the Insured’s authorised employees whilst in direct transit between the premises and bank or post office
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Damage to Safes or Strongroom
Cost of repair or replacement to the damaged locked safe or strongroomresulting from theft of money or any attempt threat.
ADDITIONAL COVER
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Riot, strike and civil commotion
MONEY INSURANCE
Designed to cover organizations and individuals that handle and transact cash in large volumes against loss of own-money or money for which the insured is responsible.