Covers for loss of money; • whilst in the transit and • whilst kept in locked drawers, safe or strong rooms or • due to any hold-up whilst on the business premises. “Hold-up” - a robbery conducted with the use of threats or violence. ‘Money’ refers to; • cash, • bank notes, • currency notes, • cheques, • postal orders or money orders. Basic Cover The money policy provides cover against: 1) Money in Transit Loss of money whilst it is being transported from Insured's premises to the bank and vice versa in respect of; • • wages / salaries, or collection from clients which are being carried either to the bank or to the Insured's premises. Covers loss of money by; • • • Actual destruction Disappearance Wrongful abstraction Compensation in the form of a personal accident benefit to employees who may be injured during a robbery whilst carrying money 2) Money Inside Premises Loss of money whilst kept in the premises and money contained in locked safe / strong room as a result of theft or hold-up accompanied by violence committed by persons other than the Insured's employees. Compensation in the form of a personal accident benefit to employees who may be injured during a robbery whilst accompanying the money 3) Damage to Safe The cost or repair or replacement of the safe or strong room, as a result of theft or attempted theft, if these items are not specifically insured Exclusion from coverage; • Losses arising from fraud or dishonesty of insured’s employees • Shortage due to errors and omissions • Losses from an unattended vehicle The burglary (a.k.a theft) insurance covers the insured against loss or damage to the insured property as a consequent of; • actual, forcible or violent entry into the premises, or • Theft or any attempt by a person hiding in the insured premises • damage to insured property or premises as a result of theft or any attempt threat including armed robbery/hold-up. Types of insured properties are:• Stock-in-trade (the goods kept in hand by a business for the purposes of its trade) • Goods held in trust or on commission • Furniture, • fixtures, fittings or utensils • Machinery and tools • Household goods and personal effects • Designs or patterns (mainly for businesses) Exclusion from coverage; • Damage occasioned by fire or explosion • Theft by insured, members of his family and employees • War, strike, riot, civil commotion and kindred risks • Radioactive contamination