Do you need a Money Insurance Policy?
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Summary
The policy covers
- loss of Money by any cause
- the cost of repair or replacement of the Safe or Strongroom not otherwise insured directly associated with any theft or attempted theft there from occurring during the Period of Insurance
Definition of Money
Cash, bank and currency notes, cheques, postal and money orders, current postage stamps and bankers drafts, telephone cards all belonging to the Insured or for which he is responsible.
Exclusions – This policy does not cover
- war, radioactive contamination
- occurring outside the Maltese Islands
- caused by aircraft or by pressure waves
- if loss not discovered within seven working days
- Fidelity Guarantee
- losses from unattended vehicles
- loss occasioned by the dishonesty or lack of integrity of a principal or employee of the Insured
- earthquake
Extensions
- Money temporarily kept in the private residence of the insured or his authorised employees including transit to and from such premises
