Theft of money in the course of transportation by road, air, walking, etc., and while securely deposited in saves in offices are common occurrences. Broad daylight robbery has also become a common phenomenon.
Our Cash in Transit/Safe Policy provides a good solution to this increasing problem. In addition to theft, we cover damage to cash as a result of an accident involving the conveyance (vehicle or aircraft) or the person transporting it. The unique feature of this coverage is that Personal Accident Coverage is provided to the personnel transporting the money up to a predetermined capital sum.