Cash-In-Transit Insurance

Every successful business needs complete protection against potential loss. In business, handling money in your safe often causes anxiety for everyone. These Cash-in-transit insurance policies are very much helpful in such undesirable situations. Incidences like burglary or theft make you feel helpless. IKBZ Insurance can help you successfully overcome these situations by putting you firmly in control of your business and dreaming of making it big.

This policy indemnifies you against loss of money whilst kept during transit.

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Product Features
Product Features

What are covered under this Policy?
This Policy covers cash, bank & currency note, coins, certified cheques, money orders, postage cheques, postal cheques, securities and postage stamps secured in locked safe or vault/strong room at the premises of the insured.

Exclusion: manuscripts, accounts or records


Perils covered:
The losses of money in transit between the insured's premises and bank or post office, or other specified places occasioned by the following perils covered by this Policy are:-

  • Robbery or theft
  • Any violent and forcible means


Major Exclusions under this Policy
Loss of money directly or indirectly caused by:

  • Earthquake ,Volcanic eruption, Flood , Typhoon, Tornado, Cyclone , Hurricane, Other convulsion of nature or atmospheric disturbance
  • War, Invasion, Act of Foreign Enemy, Hostilities or Warlike operations (whether war be declared or not), Mutiny, Riot, Civil Commotion, Insurrection, Rebellion, Revolution , Conspiracy, Military, Naval or Usurped power, Martial Law or State of Siege
  • Other exclusions as defined in the Policy



Any loss of money in transit between the insured's premises and bank or post office, or other specified places occasioned by Robbery or theft will be compensated according to conditions under this Policy.

How to Claim?
How to Claim?

If any misfortune befalls, leave the worry to us but please

  • Intimate such loss immediately so that a competent surveyor may be deputed to minimize the loss. IKBZ office or IKBZ agent or the employee of the company will guide you the steps to be done for claims.
  • Inform immediately to the police.
  • Cooperate with surveyors by providing all necessary documents for assessment of loss.
  • Inform the particulars of all other existing similar insurances at the time of loss.

IKBZ ensures providing assistance for fast track claim settlement.

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