Loss of cash

Loss of cash




Loss of Cash

 

In the event of actual loss of money in coins and/or currency notes up to the Benefit sum insured by robbery and/or hold-up while such money is in insured’s/his family member’s custody and whilst being conveyed by insured and/or his family members directly from a bank (including withdrawals from ATMs) at which he/they maintain an account to their home in the ordinary course of transit, the Company will reimburse to the Insured towards actual loss of cash not exceeding the annual limits specified against each plan during the policy period:

 

S.No.

Plan

Loss of cash (Rs)

1

Bronze

5,000

2

Silver/Gold

15,000

3

Platinum/Diamond

25,000

 

Conditions:

 

1.We will cover only one withdrawal in a day of the insured and or his family members.
2.Steps must be taken to inform the robbery and/or hold-up to police immediately and a copy of the first information and /or Final report should be handed over to us.
3.Unless you are able to establish to our reasonable satisfaction that a loss of the amount stated has occurred with documentary proof.
4.The first INR. 250/- in respect of each and every claim.
5.The above limits are applicable per annum.