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THE RISKS COVERED
  • The policy provides compensation for:
  • Loss on account of money/securities being destroyed by fire riot strike or taken away by burglary/ housebreaking theft robbery or holdup
  • Loss of money/ securities whilst in transit and being carried by authorised employees of the bank
  • Loss by reason of payment in respect of bogus fictitious forged or raised cheques
  • Loss of money due to dishonest/ criminal act of employee/s
  • Loss caused by reason of fraud or dishonesty by employees in respect of pledged/ hypothecated goods
  • Loss by robbery theft during despatches by RPP upto Rs 1 0 0
  • Loss due to infidelity or criminal acts of appraisers up to a max. of RS 50 0
  • Loss by reason of dishonesty of pygmy collectors janatha agents up to a maximum of Rs 20 0
PREMIUM
  • Premium Computation:
  • Premium Rate/Table

Miscellanous Policy:

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