MONEY INSURANCE
Ideal Advantage
- Guaranteed Lowest Premiums
- Best Product
- Renewals from any Company
- Quick Claim Settlement
- 24 Hr Service Helpline
- Timely Renewals
The Policy Covers
The policy is convenient and easy to understand, with easy documentation and hassle free claims service
The policy can be issued to any industrial, manufacturing or business concern who periodically draw large sums of money for their day-to day transactions, payment of salaries, one time payments like arrears of pay, bonus etc.,
- loss of money in transit by the Insured or the Insured's authorized employee(s), occasioned by robbery, theft or any other fortuitous cause.
- loss of money in safe by burglary, housebreaking, robbery or hold-up
Exclusions
- Shortage due to error or omission
- Riot, strike, terrorism, War and Nuclear perils
- Money entrusted to any person other than the Insured or an authorized employee.
- Legal liability, consequential loss, theft from an unsecured vehicle
- Money entrusted to a carrier
- Loss due to any act in which the Insured is involved as principal or accessory
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