Money takaful plan
The Physical movement of money has always been matter of concern, for that we provide you the security and peace of mind with Money Takaful Plan.
The Terms Money includes cash, bank drafts, currency notes, treasury notes, postal orders, money orders and postage stamps.
Coverage
- Cash In Transit: Loss of money caused by robbery, theft, or any accidental event
- Cash In Safe: From the participant’s safe or strong room caused by theft or robbery
- Money from the participant’s premises during business hours caused by theft or robbery
Extensions
- Cost of Safe
- Infidelity of employee carrying cash
- Personal Accident cover for Cash Carrying employee
Exclusions
- Any Consequential losses of any kind
- Loss arising out of the infidelity of participant or employees
- Loss of money from the participant premises where the money is not kept in a safe or strong room after business hours, money carried under a contract of affreightment
- Loss or money from unattended vehicle
- Loss in any way contributed to by the participant
