Money Insurance
This insurance policy will provide indemnity following the theft or loss of money whilst:
- In Transit anywhere in Australia or in a bank's night safe;
- On the Premises during business hours;
- On the Premises outside business hours;
- On the Premises whilst contained in a Locked Safe or Strongroom;
- At an Authorised Person's residence;
- Damage to Safes and Strongrooms.
- Definition:
- "Money": means cash, notes, negotiable instruments, cheques, postal notes, post office money orders, negotiable securities, stamps, credit card sales vouchers, instant lottery tickets, bus or transport tickets, telephone credit cards or franking machine credits.
- Additional Policy Benefits:
- Fraud or dishonesty by employees ($2,500 policy limit).
- Exclusions to cover
- Shortage from clerical errors in receiving or paying out;
- If loss not discovered within working 7 days of loss;
- Fraud or Dishonesty of the Insured or Family;
- Dishonesty of employees exceeding $2,500;
- Money carried by professional money carriers;
- Loss from an unattended vehicle;
- Loss from a safe opened by key or combination which is left on Premises during non business hours.
This description is issued as a matter of information only and for full terms and conditions you should refer to the policy wording.
We accept no responsibility whatsoever for any inadvertent or negligent act, error or omission on our part in preparing these statements or for any loss, damage or expense thereby occasioned to any recipient of this letter.