The policy also covers loss of or damage to specified safes and/or strong rooms as a result of money being stolen there from or any attempt thereat.
The policy does not cover:
- Fraud or Dishonesty of employees
- Error or omission
- Depreciation in value
- Any consequential loss
- Unexplained losses
- Deductible/Excess
- Cost of replacement of safe keys
- Transit by post
- Riot & Strike
The policy will normally have an extension for assault cover for money-handling staff, and loss or damage employees’ effects during an attempted or successful incident.
- Infidelity of Employees cover subject to discovery within 72 hours – limit of cover restricted to 50% of limits of cover.
