At Credit Bank, we understand that your financial journey is a tapestry of dedication and aspirations, where every step counts in building a thriving enterprise.
Our transformative Cash In Transit Insurance stands as a testament to our commitment to fortify your financial odyssey, providing an unparalleled shield of protection that transcends the boundaries of conventional coverage
Key Benefits of Credit Bank's Cash In Transit:
~ Comprehensive Financial Protection: Our visionary insurance solution covers any loss of insured money or property, empowering you with unwavering protection while in transit or under the custody of authorized representatives and security couriers.
~Safeguarding Your Business Premises: Embrace the comfort of financial security, knowing that your money is fortified even within your business premises, both during and after business hours. With our Hold Up Risk coverage, your transactions remain secure, elevating peace of mind.
~Empowering Your Workforce: At Credit Bank, we recognize that your workforce is the heartbeat of your operations. Our Cash In Transit Insurance extends coverage to salesmen, collectors, senior employees, and more, fostering a culture of trust and support.
~Fortified Safe and Strong Rooms: Experience the true essence of protection as our policy covers loss, damage, or destruction to specified safes or strong rooms, empowering you with security that goes beyond conventional offerings.
~Exclusions with Transparency: Our commitment to transparency extends to exclusions, ensuring responsible ownership. While certain scenarios are excluded, our comprehensive coverage remains an emblem of unwavering protection.
Exclusions:
Loss or damage to money:
~Due to fraud or dishonesty of any person in employment of the insured
~Not discovered within a specified period (usually seven working days) from the date of such occurrence.
~Due to shortage by error or omission
By use of key to any safe or strong room unless due to violence or threat or collusion of the key holder with other persons
~In the custody of collections or agents which has been in their possession for a period exceeding 24 hours from time of receipt
~In transit by post
~Due to depreciation or fall in value of money
~Due to ionization or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear
~From an unlocked safe or strong room
~Not contained in a locked safe or strong room
~In a vehicle used unless a principal, partner, director or insured’s employ is in the vehicle or is within allowed distance from the vehicle