Robbery means the theft of contents at the insureds premises using aggressive and violent means against the Insured and / or insureds employees.
Safe means a strong cabinet within the insureds premises designed for the safe and secure storage of valuable items, and access to which is restricted.
Theft is a generic term for all crimes in which a person intentionally and fraudulently takes the property of another without permission or consent and with the intent to convert it to the takers use or potential sale. Theft is synonymous withlarceny.
Money insurance policy designed to cover the losses that may occur while cash, cheques / postal orders / postal stamps are being handled. Normally provides cover under two sections (1) Transit section (2) Premises section
Money Insurance - Premium rate is fixed depending on the insured, cash carrying liability of the company at any one time, the mode of conveyance, distance involved, safety measures taken etc.
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