Money Insurance

What is Money Insurance?

This policy covers the loss of money/cash whilst in transit or while being kept in a safe up to the limits required by the Insured. For proper risk assessment, we require the following information:

  • Maximum limit required to be covered in respect of any one transit.
  • Route and frequency of transit (daily/weekly or monthly etc.)
  • Total estimated annual transit.
  • Limit with respect to money kept in a safe.
  • Iron Safe Specifications (make, model, lock type, color, height, width, and breadth

1. Loss or damage to money in transit, on-premises & with an authorized staff
2. Hold up
3. Personal accident cover for staff -Kshs. 50,000/= Death/Ptd
4. Damage to employee’s clothing & personal effects -Kshs. 50,000/=

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FAQ

What are the cover benefits?

  • Loss or damage to money in transit, on-premises & with an authorized staff
  • Hold up
  • Personal accident cover for staff -Kshs. 50,000/= Death/Ptd

What other items can be covered under Money Insurance?

Other items that may be covered under this policy include cheques, lottery tickets, gift cards, postal orders, and stamps.

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