Do you have cash insurance ? know the benefits ?

Do you have cash insurance ? know the benefits ?

Any cash transaction organization can get cash insurance to reduce the risk of possible accidents such as cash theft and robbery. As per the insurance plan, the insured or the insured along with their workers / employees / official representatives will pay compensation from the insurer in case of loss or damage due to cash theft, robbery or any other reason. Similarly, the scheme will also take the risk of cash kept in the safe or cupboard within the premises of the insured, cash within office hours or cash being stolen by the office staff dishonestly. In addition, in case of cash theft in the office premises of the insured, provision has been made to pay a maximum of Rs. 10,000 per insurance period in case of loss of personal cash of any employee of the office.

The policy issued by the Insurance Committee provides for insurance of bank notes, checks, promissory notes, gold plates, jewelry, postal orders, bank drafts, bills of exchange, ATM money, coins, treasury notes, checks, postage stamps and convertible foreign currency. Yes

An insurance policy can cover only one office. That is, if any insured has more than one business unit or different branches of the same business, this policy can be issued only for one business unit. Similarly, the committee has stated that if the insurer wants to insure other risks besides the risk borne by this policy, it can also increase the risk by increasing the premium. However, once the insurance policy is issued, the risk will not be increased.

Damage from earthquakes, volcanoes, fires or any other natural disaster will not be covered by this insurance plan. Similarly, the scheme does not pay compensation due to war laws, siege, foreign enemy action, military insurrection, environmental upheaval, war, aggression, revolution, mistake, mistake of accountant, handing over by the insured to other than the official person.