The certificate covers loss of money from any cause (subject to certain exceptions) whilst in specified transits and/or whilst in the Participant’s premises.

Scope of cover:

1. Money in personal custody of the Participant’s authorised employees whilst in direct transit between the said premises and bank(s)

2. Money belonging to the Participant or for which the Participant is responsible shall be lost, destroyed or damaged

3. Any safe or strongroom belonging to the Participant and containing money is lost, destroyed or damaged as a result of theft or attempted theft of such money, the Takaful Operator will indemnify the Participant in respcet of such loss, destruction or damage