Money Insurance is a special product particularly for financial institution. This product gives protection for cash money or other medium of exchange, which is equivalent to money, from any risks, during Cash in Safe, Cash in ATM, Cash in Cashier Box, and also Cash in Transit.
Selection of coverage offered in this insurance, namely:
- Cash In Transit (CIT)
Provide indemnity for any loss and lost suffered by the insured during the transfer of money, either from the premise or location of the insured to the bank or vice versa, or from one location to another location carried by the insured’s employee, a person or any money transfer service assigned by the insured, which are caused by any incidents which are not excluded from the terms and conditions of policy. - Cash In Safe (CIS),
Guarantee money and or bond deposited in the safe deposit box in accordance with the terms and conditions of policy. - Cash In Cashier Box (CICB)
Provide indemnity for any loss and lost of money which is deposited in cashier box during working hour. - Cash In ATM (CI ATM)
Provide indemnity for any loss and lost of money which is deposited in the ATM.
COVERAGE
- Robbery or hold up
- Burglary with violences
- Transporter experiences accident
- Other accident risks.
SUM INSURED
Sum insured, is the value of every asset insured, and you may have a full right to determine the value. The sum insured should be determined in accordance with the amount/value of the money insured.
COST/INSURANCE PREMIUM
- The premium amount that will be charged to you is the multiplication result of:
- PREMIUM TARIFF X SUM INSURED
- Insurance Premium Tariff in per mil (in every thousand).
WHO HAS THE RIGHT TO INSURE
Owner of the money or bond, either a financial institution such as Bank or other company.
FOR YOUR CONVENIENCE
- Currently there are 70 Asuransi Wahana Tata’s networks located in many big cities, which enable us to reach and serve you faster for insurance coverage up to handling claim.
- Unlimited access to our website which ease you to query about the quote for your insurance plan.
For more information please contact our nearest Branch/Marketing Office.