Marine Liability Insurance

Covers loss of money in transit between the insured’s premises and bank or post office or other specified places, due to robbery, theft or any other fortuitous cause. It also covers loss from burglary or housebreaking when the money is at the insured’s premises in a safe or strong room.Standard Exclusions: Shortage due to error or omission Loss of cash entrusted to any person other than the insured or an employee of the insured Losses arising from war and allied risks Money carried under contract of affreightment