Money Insurance

Money Insurance

Guard your business against loss of funds due to burglary or robbery.

This policy provides you with coverage against loss of money whilst in transit or in the insured premises. Money would include cash, cheques, postal or money order, stamps and bills of exchange. It covers loss arising from theft, accidental damage and contingencies that are not specifically excluded.

What benefits do I get?

Money In Transit

Money In Transit

Monies in the personal custody of the Insured's authorised employees whilst in direct transit between the premises and bank or post office including money drawn as wages and salaries from the time of receipt until paid out.

Money In Premises

Money In Premises

  • Money in the Insured's premises during and outside normal business hours. However, money in premises outside normal business hours must be secured in locked drawers or locked safes.
  • Money in Insured's premises contained in locked safes or strongrooms.
  • Money in locked drawers or cabinets or cash registers.
Damage to Safes or Strongroom

Damage to Safes or Strongroom

Cost of repair or replacement to the damaged locked safe or strongroom resulting from theft of money or any attempt thereat.

Extended coverage

Extended coverage

Subject to payment of an additional premium, the policy can be extended to cover the following :-

  • Personal accident benefit to unnamed carriers at RM20 per person for a cover of RM10,000 for death and permanent disablement only.

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