Money on Transit

Coverage is meant for transportation of goods or items by sea or air. Marine cargo insurance policy provides indemnity against loss or damage for goods being transported by sea or air and incidental land transportation. Either single voyage policies or annual policies are offered.

This policy covers loss or damage to money by theft whilst:

 In transit from your premises to the bank and vice versa
 In your premises during working hours
 In your premises in locked safes/strong rooms outside business hours
 In the hand of senior employees/authorized personnel of the company
 Damage to safes and /or strong rooms