Cash in Transit

About Cash in Transit Insurance

Businesses in fact everyone wants to safeguard their valuables and money from getting lost to the thieves and goons.

EFU General is offering adequate protection to its clients by way of Cash in Transit Insurance. This policy provides coverage to the cash or cash equivalents belonging to the business/trade of the clients while lost in transit or during physical transferring of cash from one place to another by way of snatching through armed hold-up.

Covers loss of money against snatching through armed holdup during the transit and the money lost should belong to the client’s business/ trade

Covers cash and cash equivalents like cash itself, bank notes, currency notes , cheques, postal orders, coins or money order

In order to avail the benefits of Cash in Transit Insurance the enterprises are required to furnish the following information/documents:
Proposal Form

Duly filled, signed, stamped, titled and dated proposal form. The proposal form can be obtained by contacting any of our offices

Sum Insured/ the values to be carried during transit
Details of transit locations and security measures in place for transiting money
Loss history for the 5 to 10 years atleast
Company Profile

Note:

The above is the basic list of requirements and we may ask further information if required.

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