BusinessMoney in
Money in
Transit
Covers against loss of money due to robbery or theft or any cause other than those excluded in the policy.
At a glance
The terms behind your cover.
Valuation Basis
Cash: Replacement Value.
Geographical Limit
Uganda.
Excess
Normal claims: 10% of claim (minimum UGX 200,000). Cash held by authorised officials: 20% of claim.
Quotation Validity
Valid for 30 days.
What the policy covers
Protects insured cash against.
Theft and robbery
Loss of insured cash caused by theft or robbery.
Hold-up or threats
Loss of insured cash following a hold-up or threats.
Fire, explosion, earthquake and special perils
Loss of insured cash caused by fire, explosion, earthquake and special perils.
Riot, strike and civil commotion
Loss of insured cash caused by riot, strike and civil commotion.
Political violence, sabotage and terrorism
Loss of insured cash caused by political violence, sabotage and terrorism.
Loss during approved transit
Loss of insured cash occurring during approved transit.
Additional protection included in the policy.
Armed guard requirement
Above UGX 20M.
Employee infidelity
Discovered within 72 hours.
Duplicate/skeleton key losses
Limits apply.
Safe, receptacle, locks and keys replacement
Included as a key extension.
Personal belongings
UGX 2M.
Employee injury during robbery
UGX 2M.
Foreign currency cover
Included as a key extension.
Automatic reinstatement of loss
Included as a key extension.
Claims preparation costs
UGX 5M.
Main Exclusions
What this policy does not cover.
War and related risks
War and related risks are not covered.
Employee fraud/theft
Employee fraud or theft is not covered unless separately insured.
Accounting or clerical shortages
Accounting or clerical shortages are not covered.
Loss outside policy limits
Loss outside the policy limits is not covered.
Cash kept in unlocked safes when unattended
Cash kept in unlocked safes when unattended is not covered.
Consequential losses
Consequential losses are not covered.
Claims process
How a claim works.
- 01
Report the incident
Tell us what happened, where, and when — as early as you can.
- 02
Share the documents
Send your policy details, cash records and supporting evidence.
- 03
Assessment confirms cover
An assessor reviews the loss and confirms your cover.
- 04
Settlement
Once approved, settlement follows the policy terms and excess.
Related protection
Protection that can work alongside this policy.
Burglary / Theft
Cover for forcible entry into the insured building premises.
Learn More
Fidelity Guarantee
Cover in case of theft by employees.
Learn More
Motor Insurance
Cover against accidental loss, theft, and damage to your vehicle.
Learn More
