This policy offers coverage against risks involving money and monetary transactions with reasonable premium rate. It provides comprehensive protection for the loss of money carried by authorized personnel while in transit from one place to another, as well as cash/cash-related items/securities kept in safe, vault, counter and cash in ATM against risks such as robbery, looting, snatching, etc.
This insurance policy is designed for banks, financial institutions, and other organizations that regularly handle cash transactions such as hotels, insurance companies, travel agencies, departmental stores, and similar businesses.
Coverage Includes:
• Theft, burglary, and housebreaking
• Robbery and hold-up
• Personal loss of money belonging to insured staff/workers (maximum coverage of NPR 10,000 per policy period)
• RSMDST risk (Add-on coverage)
*Procedure and Process to buy insurance policy further details are provide in Citizen Charter and Downloads pages