This provides indemnity against theft of money in any of the following occasions:

  • During working hours in the insured premises whilst in the locked safe or whilst in transit to the bank
  • Loss whilst in the hand of the directors or senior employees or sales executives
  • Loss whilst kept outside the safe ( this should be just a small amount such as petty cash)
  • Loss of money whilst in the homes of directors ( this too must be a small amount
  • Loss of crossed cheques
  • Damage to the safe where money is kept