Types of Cover

1. Money in premises

Covers the money kept in the premises whilst kept in locked drawers, safe or strong room.

2. Money in transit

Money in transit means transmitting money from covered premises to bank and vice versa or from the time of receipt of money anywhere until delivered to bank or premises. According to this policy, cover will be given to losses incurred from the moment the money is being transmitted till it reaches to its destination.

The policy also provides cover for: