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Solutions for a Mixed Bag of Needs

Money Insurance Policy

Features & Benefits

  • Requirements

    Big or small, all companies require money for their day to day operations. There are a lot of expenses that need to be met for a business to function and grow. In fact, some transactions require businesses to have a large amount of cash available, which leaves it open to robbery risks and other threats. In such situations, a Money Insurance can help you a lot.

  • Benefits

    Running a business requires you to handle and carefully manage finances, which at times may even include liquid cash. There are oftentimes, numerous commitments that cannot be fulfilled without expected profits. Avail a Money Insurance policy to safeguard your cash from risks and stay covered in emergency situations.

  • Sum Insured

    The sum insured under this policy is the amount of the money you consider to be at risk and wish to insure.

  • Premium

    The premium is decided based on the amount insured, carrying limit, security, etc.

You can refer to the policy wordings. for more information.​​​*Terms & Conditions apply.​​

Coverage

If you own a business and deal with cash, you are eligible for this policy.

For more on eligibility, please read the policy wordings.

The Money Insurance covers the following risks:

  • Loss during transit because of robbery or other unexpected events, if money is carried by an authorized person
  • Loss of money through robbery or other unexpected events, from a safe and/or strong room in your premises
  • Robbery or other unexpected events resulting in a loss of money from your cash counter/till Some things you should know

Some things you should know

  • "Money" – Cash, current coins, bank and currency notes, cheques, postal orders, postage stamps that are not part of a collection and luncheon vouchers
  • "Business Hours" or "Office Hours" – The Insured’s normal trading hours or while the insured or other authorized personnel are on the premises for business
  • "Housebreaking" – Unforeseen, unauthorized entry or exit from the insured premises
  • "Theft" – Dishonest misappropriation of money
  • A theft will be considered as a "Robbery" if, in order to the committing of the theft, the offender, causes or attempts to cause death or hurt or wrongful restraint, or causes fear the same.

For an exhaustive list of inclusions, please read the policy wordings.

The Money Insurance is a ‘named excluded perils’ policy, meaning that some risks are specified as not covered, including:

  • Spillage
  • Shortages caused errors or omissions
  • War and rebellion
  • Regular wear and tear
  • Civil commotion
  • Seizure, arrest or detainment by the Government
  • Loot, sack, or pilferage
  • Terrorism
  • Any consequential losses of any kind
  • Loss of Money carried by an unauthorized person
  • Loss of Money with the involvement of the insured or an authorized employee

For a more detailed list of exclusions, please read the policy wordings.

Why Commercial Insurance

Listen to Our Customers

The Client has highly appreciated the inputs and report from Mr. Sudhanshu.
Its because of him we were able to convince the client to move to Liberty along with local sales support.​

Rohit Kapoor

We find the report is very exhaustive in bringing out the risk exposures and the works the client has to carry out for risk elimination. Surely the client will be benefited by the suggestions you have put forth.​

Gurudutt

The contents of your newsletter are quite interesting and informative.

This will help in creating awareness in the industry about the loss prevention and good maintenance.

Thanks for the good work you are doing.​

M.Rajaram

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Registration Number: 150 | ARN- ADVT/2017/May/22 | CIN: U66000MH2010PLC209656

© 2017 Liberty Videocon General Insurance Co. Ltd.

Reg Office: 10th floor, Tower A, Penisuala Business Park, Ganpat Rao Kadam Marg, Lower Parel, Mumbai - 400013

Trade Logo displayed above belongs to Liberty Mutual and used by the Liberty Videocon General Insurance Company Limited under license. For more details on risk factors, terms & conditions please read sales brochure carefully before concluding a sale.