This policy provides cover for loss of money while in transit from a specified location to the other e.g. from the bank to business premises or vice versa. Also it covers money in securely locked safes against loss or damage resulting from burglary or housebreaking.
Money-in-transit: Against loss or damage from all accident and/or misfortune of money in transit excluding theft by any of your staff. Whilst acting as messenger in respect of such money in transit provided such theft is accompanied by the simultaneous flight of such staff.
Cash-in-safe: Against loss or damage whilst in the premises by housebreaking or burglary of locked safe or strong-room (including damage to the safe or strong-room) or hold-up during business hours.