Factors like maximum amount carried in any single transit, time of the day when the money is carried and distance over which the money is carried are some of the underwriting considerations involved.
Shortage due to error or omission is not covered under money insurance policy.
If the money in transit during the insurance period is greater than the estimated amount, an additional premium is required to be paid by the insured.
Money lost due to bad accounting practices is not likely to be an extension available under the money insurance policy.
Maximum amount carried in a single transit, mode of transport used for money and distance over which money travels are all valid underwriting considerations.
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