Money Insurance ~ Insurance Academy
Money Insurance provides protection for cash or other means of exchange that are equivalent to money against various risks, during irregularities (Cash in safe, Cash in ATM) at the teller counter (Cash in Cashier Box), as well as during the delivery process (Cash In Transit). ). What is money insurance?
Cash In Transit (CIT)
Provide compensation for damages and losses suffered by the Insured during the transfer of money either from the premises or the location of the Insured to the bank or vice versa, or from one location to another brought by the Insured’s employees, person or delivery service appointed by the Insured as a result of the incident which is not excluded in polisx conditions.
Cash In Safe (CIS)
Guarantee as long as money and/or securities are kept in a safe/treasury room/safe according to the conditions in the policy.
Cash In Cashier Box (CICB)
Provide guarantees for compensation against losses and loss of money stored in the cashier box during working hours.
Cash In ATM (CI ATM)
Provide guarantees for compensation against losses and loss of money stored in ATM machines.
In Fuse Pro – Others, Money Insurance is available with Cash In Transit (CIT) and Cash in Safe (CIS) options. The data required include:
Requested Insurance Period
Insured name and email address
Information on the type of business / business insured
Risk location address
For CIS, you must provide the average amount of money stored in the box / safe. For CIT, please inform the maximum remittance per day and the amount of money sent in 1 year.
Who are your customers?
Bank / leasing
Trading company / distributor
The factory that has sales transactions there
Retailers, shopping centers, etc
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