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MONEY POLICY (CONDITION (Change of policy terms and condition, Material…
MONEY POLICY
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ADDITIONAL COVER
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Riot, strike and civil commotion
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EXCLUSION
- Shortage due to error or omission or resulting from clerical or accounting errors and loss due to errors in receiving or paying out and/or loss due to mysterious disappearance.
- Loss or damage by or through the collusion of or the fraudulent embezzlement by or the fraudulent misappropriation by the Insured or any person or persons in the service of the Insured.
- Any loss occurring when the Premises are closed unless the money are in a locked safe or locked strong-room.
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DEFINITION
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.
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