Money
Money
Money
Prevent unnecessary loss of money within a business.
Overview

Prevent unnecessary losses within a business. This policy covers business establishments against loss of money and the life of the person carrying the money.

Coverage

This Policy covers loss of money in the form of cash, bank notes, currency notes, cheques, postal order or money order, current unused postage stamps, revenue stamps and bills of exchange all belonging to you or for which you has accepted liability, whilst kept in the your premises or whilst in transit from causes not excluded in the Policy. 

Note: Please refer to the Policy Contract for the full product features and benefits

The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Berjaya Sompo Insurance Berhad or PIDM (visit www.pidm.gov.my)

 

Major Exclusions

This Policy does not cover :-

  • Loss arising from war, terrorism and nuclear risks;
  • Loss arising from forged bank or currency notes;
  • Loss due to shortages as a result of error, omission, clerical or accounting errors, errors in receiving or paying out;
  • Loss from unattended vehicle or through the use of keys unless obtained through force or threat;
  • Loss through the use of duplicate keys;
  • Loss due to depreciation in value & consequential loss.

Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.