Money is exposed to mishaps such as .loss and damage like any other property and to protect against the risk of loss of money AWNIC offers insurance protection under the “Money Insurance Policy”:.
Money insurance is an “all risks” cover with some exclusions for which a reference may be made to the printed policy.
Essentially Money would mean cash, notes, cheque, and securities for money, stamps and the likewise.
The cover is available for “money” against all risks whilst:
Other extensions incidental to Money Insurance can also bought and tailor made to the exact requirements of customers.
In granting a “Money Insurance Cover”, factors taken into consideration are:
The rate chargeable is always applied on a "Per Mille" basis (for every thousand units) on the estimated annual carrying and limit of money in safe/premises. The charges are dependent on the nature of risk, location and the security measures in place. For a thorough understanding of the product, a reference may be made to the printed policy or advice sought from our
The main exclusions under the policy are:
Quotations will be provided on submission of a duly completed proposal form. For further details please call or ask for a CALL BACK via the call back option.