Money

Protects businesses from unexpected financial loss of money.

Money Insurance Covers “Money” carried by the Insured or any authorized person while in transit and while retained in a safe. Money means and includes cash, bank drafts, currency notes and cheques, postal orders and current postage stamps.

Perils covered:

This Insurance covers up to the respective amount stated in the Schedule:
Loss of Money (In safe/in transit/at drawer)
The cost of repair or replacement of the Safe or Strong room not otherwise insured and is directly associated with any theft or attempted theft therefrom.

Exclusions:

Standard exclusions of this insurance are but not limited to;
Loss or damage directly or indirectly occasioned by or through or in consequence of :
War, invasion, the act of a foreign enemy, hostilities, or warlike operations.

Civil war, mutiny, civil commotion, insurrection.

Martial law or state of siege.

Any act of any person acting on behalf of or in connection with any an organization with activities directed towards the overthrow by of any de jure or de facto Government or to the influencing of it by terrorism or violence or loot sack.
Consequence of Strike or Riot
Fraud or dishonesty of the Insured’s employees
Losses covered by a policy of fidelity guarantee insurance
Shortage due to error or omission
Loss arising from ionizing radiations or contamination by radioactivity
Loss arising from Nuclear weapons or materials

Extension (Optional Cover)

Policy can be extended to include the following coverages subject to additional premium.
Personal Assault Extension
Riot and Strike Inclusion

How to Claim

Inform Allied Insurance Company immediately after the incident by:
Call Customer Care Toll Free 1600
Emailing to: [email protected]
Visit MyAllied

Important instructions

In the event of a loss, you must notify the police as soon as possible and obtain a police report.

Related Documents

Proposal Form