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Money Takaful
Money is the most attractive of all commodities to thieves and burglars as it has full face value. Money Takaful Policy covers the loss of money whilst :
- the money is in transit between the participant's business premises, banks and other specified locations.
- the money is kept in a locked safe, strong room, drawers, cash counters in the participant’s business premises.
It covers the risk of loss of money by robbery or theft or any other cause whilst in transit among places to be pre-defined.
It covers theft by forcible means of the money whilst at the participant’s safe.
Cash on Counter
It covers the risk of theft by forcible means from
the premises of the participant.
Q. What else can be covered in Money Takaful?
Documents having cash value like bank notes, cheques, postal and money orders, promissory notes etc. can also be covered under the Money Takaful Policy.
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