Cash in Transit

This cover is intended for banks, business houses, manufacturing organizations who deal in cash, periodically drawn from bank/other sources providing indemnity in respect of loss of such money carried by authorized employees whilst in actual transit from one place to another as specified in policy, i.e., from the time money is taken out from one place until delivered at other place(Money in transit by employees). Thus risks covered are robbery, accident or fortutous cause and riot/strike.