Money Insurance

Money Insurance

Coverage

This Policy covers for loss of money by any cause whatsoever occurring in the Situation during the Period of Insurance and the cost of repair or replacement of any safe or strongroom not otherwise insured directly associated with any theft or attempted theft from such safe or strongroom occurring during the Period of Insurance.


Exclusions

The indemnity contained in the Policy shall not apply to nor include any:

  • Loss or damage directly or indirectly occasioned by or through or in consequence of war, invasion, civil war, strike or riot,
  • Shortages due to error or omission,
  • Loss of Money through the collusion of or the fraudulent embezzlement by or the fraudulent misappropriation by any family member or any director or any employee of the Insured.