Money transactions are crucial to any business operation. However careful you are, there is always a risk of loss when you transfer funds through cheques, drafts, postal orders, cash, etc. You can now feel secure with Desh General Insurance Company Limited (DGIC) Money Insurance Policy, which protects your money round the clock.

Money transactions are crucial to any business operation. However careful you are, there is always a risk of loss when you transfer funds through cheques, drafts, postal orders, cash etc. You can now feel secure with Desh General Insurance Company Limited (DGIC) Money Insurance Policy, which protects your money round the clock.

Key Benefits Of Money Insurance:

• Complete cover for risks involving money and monetary transactions
• Reasonable premium
• Additional cover against loss of money in safe due to housebreaking or burglary after office hours
• Payment of premium on the estimated carrying of money
• Adjustment at the year against the actual carrying of money​

Desh General Money Insurance Policy Coverage:

• The Desh General Money Insurance Policy protects the insured against direct financial loss due suffered by the insured due to an act of the employee involving:
  • Loss of Money in Transit- Covers money carried by insured or insureds authorized employee in the event of:
    • Robbery
    • Theft, waylaying or snatching away
    • Any other fortuitous event
    • Money in transit implies money in direct transit from the insured’s premises to the bank and vice versa. Money in personal custody or with an authorized employee can also be included.
  • Loss of Money in Safe- Covers loss of money in safe due to:
    • Burglary
    • Housebreaking
    • Robbery or hold-up
    • Money in a safe implies money secured in a locked safe or locked strong room on your premises outside business hours and includes money kept in till.

Desh General Money Insurance Policy Exclusions (Does Not Cover):

• Shortage due to error or omission
• Unexplained losses and mysterious disappearance
• War and a nuclear group of perils
• Money entrusted to any person other than the authorized employee
• Money entrusted to a carrier
• Legal liability, consequential loss, and theft from an unsecured vehicle
• Loss due to any activity in which the insured is involved as principal or accessory

Eligibility:

Any employer who has employees handling goods or money, with a system to record all transactions, can avail of this policy.