Public Liability Insurance
Money Insurance (In safe and Transit insurance)
This policy covers the loss of money, remittances, checks, securities, etc., while on the job site or institution.
- While in transit (excluding postage) between pre-agreed destinations.
- While in the properties of the insured specified in the policy schedule.
- While in the employer’s residence or any manager or employee working for the insured.
- While kept overnight in closed vaults inside the bank until a bank official transferred it.