Cash-In-Transit Policy

This policy has three components:

  1. Transit Risk

It covers loss of money in all forms E.g. cash, bank and currency notes, cheques, postal and money orders belonging to the Insured whilst in transit from the insured's premises to the Bank and vice-versa.

Information required to obtain a quote:

  • Limit Any One Carrying
  • Frequency of Carrying
  • Approximate distance between insured's premises and the bank
  • Security measures during any one carrying
  1. Counter Risk

The policy also covers such money on the insured's premises during business hours

Information required to obtain a quote:

  • Sum to be insured in respect of Cash on your counter
  1. Safe / Vault Risk

Money in locked safe or strong room (Safe Risk).

Information required to obtain a quote:

  • Location and type of safe /vault
  • Handling of keys to safe/vault
  • Amount to be insured in respect of money in safe/vault