Know the features, extensions and exclusions of Commercial Products:
Money is defined as cash, coins, bank and currency notes, cheques, postal and money orders , current
i. Cover is usually All Risks for loss or destruction of money
ii. Damage to safe and strongrooms during theft or attempted theft & cost of replacement or repair likewise.
iii. During Business Hours (DBH)
iv: After Business Hours (ABH)
i. Personal Accident due to assault
ii. Credit Cards
iii. Gaming machines
iv. At the private residence of a supervisor or director (usually the float or some small sum)
i. Errors or omissions in accounting and book-keeping
ii. Dishonesty of employees not discovered within 7 days
iii. Damages arising outside the UK, Isle of Man or Channel Islands
iv. Key left on premises whilst closed for business.
There is usually a custodian warranty where cash in transit is restricted by the amount per person. Above a certain
amount, a security firm should be contracted.