The nature of your business may require that cash is sent to and from your business premises to the bank and vice versa, or kept temporarily in a secured safe in the office. The risk of theft whilst the cash is in transit or kept in the safe is very real. The GLICO General Money Insurance Policy indemnifies you against loss of cash, bank drafts, currencies notes, treasury notes, coins, cheques and current postal orders and stamps as result of an accident or an armed robbery attack whilst in transit from your premises to the bank and vice versa or from one branch office to another and/or loss of monies otherwise locked in a safe as result of a break-in.
The exposures covered are:
Money in residence of authorized employees
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