Oman United Insurance

Money Insurance

Money Insurance policy indemnifies you for:

Loss of Money.
Loss of or damage to any safe or strong room in the Insured’s premises arising from theft of money there from or any attempt threat.
Provided loss or damage occurs during the ‘Period of Insurance’ and within territorial limits stated.
The policy requires declaration for ‘estimated’ annual carryings and is adjusted at year end on “actual” carryings.

We also offer other products

Property Insurance

...

Marine Insurance

...

Group Personal Accident Insurance

Accidents can have damaging effects on our physical, financial and most importantly emotional being. Animal attack or slip & fall, ...

Workmen Compensation Insurance

This policy indemnifies the insured or its subsidiaries against all wage replacement and medical benefits to employees injured ‘in the ...

Money Insurance provides you with necessary protection of your business money whilst in the transit to the bank to deposit your business earnings for the day or cash at your business premise on counter or in safe. Money Insurance saves you from unexpected financial loss in the event of robbery or theft.

Key Benefits

Complete cover for risks involving money and monetary transactions.

Additional cover against loss of money in safe due to housebreaking or burglary after office hours.

Loss of Money whilst:

In Transit from Insured’s premises to bank or vice versa .
On the Premises during business hours.
On the Premises outside business hours.
On the Premises whilst contained in a Locked Safe or Strong room.
At an Authorized Person's residence.
Damage to Safes and Strong rooms. Etc.

Key Exclusions

Money entrusted to any person other than the Insured or an authorized employee.
Legal liability, consequential loss, theft from an unsecured vehicle and consequential loss.
Money entrusted to a carrier.
Loss due to any act in which the Insured, his/her family member/employee is involved.
Date Recognition Clause.
All kind of Political Risks including but not limited to Terrorism and Sabotage.
Contamination / Pollution Clause.
Nuclear risks.
Radioactivity Risks (Radioactive Contamination Clause following CL370 Institute of London Underwriters).
Any direct or indirect loss by infectious disease, outbreak of epidemics & pandemics.
Asbestos Clause.
RADIOACTIVE Contamination, Chemical, Biological, Bio-Chemical and Electromagnetic Weapons (insurance).
War and Terrorism .
Riot or civil commotion.

This is not an exhaustive list. Please refer policy wordings for detailed coverage, exclusions and conditions.

Download Section

– Money - Proposal Form