Money is defined as coins. bank notes, currency notes, cheques, postal orders, money orders, airtime, current unused postage stamps or any other document negotiable for money at their face value.

Money is insured on all risks basis and the policy covers loss of:

1. Money whilst at the insured premises or specified locations.
2. Money while in transit
3. Damage to safes or strong rooms by theft.

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Any proposals for sums in excess of K5,000,000.00 necessitate survey from an underwriting point of view where we would like to vet the following:

• Security arrangements for money in safes and transits
• Adequacy of the safes/strong rooms for the amount of money contained therein
• Details of safes/strong rooms
• Security arrangement regarding keys to safes and strong rooms

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