This policy provide coverage to money stored in safe, kept in counter, at home, during transit or in the hands of cash collector on all risk basis.
What risks are covered?
- Loss of money or damage caused by burglars to any covered Safe or Strong Room.
- Loss of Money in Transit.
This policy provide coverage against direct loss of money or goods belonging to an organisation as a direct result of acts of fraud or dishonesty committed by an employee of the company during the continuation of policy period or discovered during the agreed discovery period.
What risks are covered?
Loss or damage as a direct result of acts of fraud or dishonesty which are
- Committed by any of the employees during the continuance of this Policy and during uninterrupted service with the Insured and are
- Discovered
- during the continuance of this policy or
- within six months of
- termination of this policy or
- the employee ceasing to be covered by this policy whichever shall happen
first.
This policy extends to include within the Limit of Liability the cost of any special professional audit necessarily incurred with the written consent of the Company.