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Money

Money

Money Insurance is an insurance plan that covers against loss of money by any causes whilst money is in the personal custody of the Insured or the Insured´s authorised employees, during transit or on the premises, whilst open for business and/or whilst kept in a locked Safe or Strongroom not otherwise insured directly but associated with any theft therefrom occurring during the Period of Insurance.

This plan is usually arranged to cover payment of salaries, wages or other earnings, collections of cash deposits or withdrawals to or from the bank and also cash kept in locked Safe or Strongroom.

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