Money

Insurance covering sudden theft of cash, cheques or money orders including: 

• Money on premises during working hours 
   

•  Money on premises out of hours

• In transit

This type of policy is not designed to cover pilfering or theft by fraud or deception

Businesses that handle significant amounts of cash should consider this type of cover carefully.

Safes and limits recommended by manufacturers are usually accepted by insurers but this should be specifically stated and agreed.

Cash in transit is usually subject to conditions specifying the number of people required to carry set limits of cash for this cover to operate properly. Over certain limits security companies may need to be employed.

Security companies may also be considered where the amounts being carried are high as they can take responsibility for the money whilst in their care, including the risk of injury to employees. The level of cover needs to be checked to ensure it is adequate for your needs and requirements.