Money

Home Money

This policy covers loss of or damage to money (as defined) occurring in Zimbabwe except if otherwise specified provided that the liability of the company for any loss or damage arising from all occurrences or a series of occurrences consequent upon or attributable to one source or original cause shall not exceed the specific limitations stated in the schedule. The policy also covers loss or damage to the money receptacle; and clothing of the person carrying the money if it’s damaged in the course of a robbery or theft including limited benefits in respect of any injuries sustained.

Money shall mean cash, bank and currency notes, cheques, postal orders, money orders, current postage stamps, negotiable certificates of deposit, revenue and holiday stamps, credit card vouchers and documents, certificates or other instruments of a negotiable nature, the property of the insured or for which they are responsible.

Receptacle shall mean any safe, strong room, strongbox, till, cash register, cash box or other receptacle for money or any franking machine.

Clothing shall mean clothing and personal effects not otherwise insured belonging to the insured or to any principal, partner, director or employee of the insured.