Money Insurance

Money insurance covers money within the insured premise or in transit between the premises and the bank or post offices.

Coverage

Indemnity for:

  • money belonging to the Insured lost by theft with or without violence or from any other cause whatsoever whilst in transit in the custody or charge of the Insured's duly authorised representatives
  • loss of money by any cause whatsoever
  • cost of repair or replacement of the safe or strongroom associated with any theft or attempted theft

Information Required for Underwriting Consideration

Name of Insured, Nature of Business, Location of Risk, Claim History, Limit of Liability

Important Notice

Policy Owners’ Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit www.sompo.com.sg/FAQ or the GIA / LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg)

Disclaimer
The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits; or contact our Sompo authorised agent or your insurance broker for more details.

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