Cash in transit Insurance | Fairfirst Insurance Sri Lanka

Cash In Transit

Cash is the lifeblood of a business and our Cash In Transit Policy is designed to protect your business against the loss of money; whether it’s from a misappropriation by an employee or in the event of a burglary, your money is most likely the first thing to go. We also cover the cost to repair or replace a damaged safe or room that was broken into during the theft of money.

What it Covers

Money in personal custody of the Insured’s authorized employees whilst in direct transit between the premises and bank or post office including money drawn as wages and salaries from the time of receipt until pay out.
Cost of repair or replacement to the damaged locked safe or strong room resulting from theft of money or any attempted threat.
Money stored within the premises.

Additional Cover

Personal accident benefit to unnamed carriers for death and permanent disability.
Flight of an employee following misappropriation.
Riot and Strike
Terrorism

Basis of Sum Insured

Transit limits and/or annual transit limits, number of transits/locations, money in the premises and value of vaults/safes.

Note

Particulars of cover and exclusions given above are not complete or exhaustive. For more details please call us on 0112 428 428 or visit one of our nearest branches