Money Insurance

Money is vital to an organization's workings. From profits to costs, money covers every area and goes through many transactions and securing your money matters.

Tokio Marine’s Money Insurance Policy covers loss of money in transit by the insured or insured’s authorized employee(s) or money held in safe in the Insured’s premises occasioned by robbery, theft, or any other fortuitous cause.

Tokio Marine Defines money as Cash, bank and currency notes, cheques (other than blank or partly completed), travellers cheques, bankers drafts, postal orders, money orders, postage stamps, unexpired units on franking machines, trading stamps, gift tokens, bills of exchange, travel tickets, phone cards, credit and charge cards.

Major Coverage under Money Insurance Policy:

• Loss of money
• Damage to Safe, strongroom or cash counters
• Damage to Personal belongings which occurs during the course of theft or attempted theft, hold up or robbery within the Geographical limit.

This policy will NOT cover:

• Loss of Money which is uncollectible.
• Employee dishonesty/fraud
• Fraudulent use of a computer or electronic transfer of Money or Credit Cards/Preloaded cash cards.
• Errors or omissions
• Consequential loss of any kind