The Money insurance policy indemnifies the insured against accidental loss or damage to the insured’s cash, bank and currency notes, cheques, postal orders etc. while in transit from one specified location to the other. Cash-Hold policy is effective when the insured’s cash is being held up in the business premises. Cash-in-Safe cover provides indemnity against damage or loss to the insured’s cash while they are being kept in safe at the insured’s location.
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