Cash In Transit

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Against the loss of money in transit between the insured's premises and bank or post office, or any other specified places by robbery, theft or any other fortuitous cause, Askari cash in Transit is the best choice. All modes of cash transits such as through armored vehicles, private vehicles, motor cycles and even carriage on foot is covered. Under the definition of cash, not just the paper currency is covered, but also includes bank drafts, treasury notes, cheques, postal order, revenue and postage stamps.


RISK COVERED

Covers money in transit under the following heads:

  • Cash
  • Bank Drafts
  • Currency Notes
  • Treasury Notes
  • Cheques
  • Postal Orders
  • Current Postage Stamps

KEY BENEFITS

Loss of Cash due to Robbery, theft etc.- Secured


ELIGIBILITY

  • Business Organization
  • Financial Institution

DOCUMENTS/INFO REQUIRED

  • Proposal Form duly filled and signed by the proposer
  • Dully Filled, Signed and Stamped Proposal Form
  • Security Arrangements
  • Preferred Routes
  • Approx. statistics about Amount of Cash to be transferred