The policy is designed for those who are engaged in the jewellery business as retailers, wholesalers or manufacturers.
The policy covers most of the risk exposures in this trade such as display in showrooms, personal carryings, sendings by courier services or air freight, entrustments, exhibitions, etc.
The policy is designed to protect the Insured against fraudulent or dishonest act(s) committed by the employees in the course of the employment for their financial gain, which result in a financial loss to the Insured.
The policy is designed for events such as exhibitions, musical shows, etc. to cover the financial loss of the organisers as a result of cancellation, abandonment, curtailment, postponement or relocation of the scheduled event due to any reason beyond the control of the organisers.
The major contingencies associated here are national mourning and cancellation of events due to adverse weather. The cover can also be extended to include non-appearance of a prominent person such as an artiste, whose presence is crucial for the event.
The policy is designed to protect against loss of money whilst on the premises during business hours, whilst in a locked Safe out of business hours, and whilst in transit between specified locations by authorised employees.
The Cover includes infidelity risk of the employees provided it is discovered within 72 hours.
For more details on Money Insurance, please do not hesitate to e-mail Mr. Rama Korubilli, or call 04-2531336.
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