MONEY INSURANCE for business
Insured Perils:
Loss or damage to money, cheques, postal orders, credit card vouchers, etc
Damage to receptacle/clothing [R2 000]
Locks and keys [2 000]
Extensions: [Optional]
Collectors and roundsman
Increase damage to receptacles cover
Injury to staff [Hold up]
Capital Sum
Weekly Income
Medical Expenses
Important:
Transit Warranties [x2]
Safe Limitations
Drawing and crossing of cheque condition
Exclusions/Limitations:
Staff dishonesty not discovered within 14 days
Shortage due to error or omission
Use of safe keys (unless obtained by violence) [Limit R1 500]
Unattended money [Limit R1 500]
Non business hours/out of a safe [Limit R1 500]
Staff residence/business trip [Limit R1 500]
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Safe Limitations
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Limit of Indemnity
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No S.A.B.S. grading
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R2 500
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S.A.B.S. category grading
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R5 000
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S.A.B.S. category 1 grading
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R12 500
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S.A.B.S. category 2 grading
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R25 000
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Transit Warranty
1. Shall be by direct unbroken trips from or to the Insured's premise and the bank.
2. In excess of R5 000.00 shall involve at least two adult persons throughout the duration of the trip with the money split between them.
3. In excess of R10 000.00 shall be in the custody and control of recognised professional security guards.
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