This policy provides an indemnity in respect of loss of money carried by authorized messenger while in transit from one place to another, specified in the policy due to robbery, loss caused by the accident of vehicle and aeroplane. This insurance is intended for banks, industrial, manufacturing and business concern who periodically draw from banks or other sources large sums of money for payments of salaries and for other day-to-day transactions.
Cash in Transit is specifically designed to protect the insured from:
Loss of money arising out any cause
Loss of or damage to safe/strong room
Any case in which money is being carried
The goods or property of the insured or for which the insured is legally responsible caused by theft or
attempted theft.
If you are interested in Cash in Transit Insurance and wants to know more in detail, please feel free to submit following information.