Cash in Transit
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The Money policy covers loss of cash under any of the following circumstances:
- Loss of money at your premises during business hours, or in specified safes or strong rooms.
- Loss of money in transit
- Loss of money in the custody of an authorized employee
- Loss of, or damage to safes or strong rooms insured in the process of a theft or an attempt thereat
Additional extensions to the cover available include;
- Riots & Strike
- Personal Accident / Assault
- Loss of keys (replacement
For proper risk assessment the Insurers require the following information:
- Maximum limit required to be covered in respect of any one transit.
- Route and frequency of transit (daily/weekly or monthly etc.)
- Total estimated annual transit Limit in respect to money kept in safe.
- Iron Safe Specifications (make, model, lock type, colour, height, width and breadth
Requirements for cover are:
- Premium Payment
- Duly Completed Proposal Form
- Copy of ID
- Copy of TIN
- Number/Certificate/Valid NIDA ID
In the event of a claim kindly contact us on: +255 762 616 864, or email us at firstname.lastname@example.org or you can visit us at the branch nearest to you.
Minimum Claim Requirements
To make a claim, please ensure that you have the following documents:
TIN Number/Certificate/Valid NIDA ID
A filled claim form
Any other documents requested