1. Cash-in transit insurance:
Depending on your requirements please complete either (a) individual cash movement or (b) annual basis sections of this form.
(a) Individual Cash Movement
Transit details
Cash details
(b) Annual Basis
2. Money insurance:
Annual cover for up to US$ 5,000 at the insured's office or overnight at the residence of any director, partner or employee in a locked safe etc.
Insured's details (if different to above):
This proposal form must be completed by a person who is authorised to bind the proposer.
Cash-in-transit insurance
Shipowners often require large amounts of cash to be delivered to ships in foreign ports, and should take out insurance to cover any losses. However, if the cash is transferred via the ship agent's bank account, the agent will need his own insurance.
ITIC can offer a unique insurance package which not only covers monies temporarily in an agent's care, while in transit to a ship, but can also be extended to include monies, including petty cash, kept in the Members' office or at his residence overnight, including cash, banknotes, endorsed cheques, etc. when kept in a locked strongroom or safe.
This combination of cash-in-transit and petty cash insurance offers Members the convenience of a single policy at a competitive premium.
The cash-in-transit insurance is available on an annual or individual basis.
Only brief underwriting information is required. Simply complete a proposal form and return it to your underwriter at ITIC, or your insurance broker, to obtain a quotation. The cover is only available to Members of ITIC.
