SUBJECT OF THE INSURANCE
Cash which is owned by or is under the responsibility of the INSURED can be insured, while it is located in safes at the address specified in the policy, as well as during its transportation from a safe to a safe.
The insurance covers armed robbery of cash during its transportation with an automobile, provided that security was available according to the requirements of the INSURER and the value of the transported cash to and from the bank is within the limit specified in the policy.
The insurance coverage also includes theft by burglary of cash located in a safe, provided that all requirements for operation and security of the premises were complied with, up to the limit of the insurance amount/amounts specified in the policy and armed robbery of cash located in a safe, provided that all requirements for operation and security of the premises were complied with, up to the limit of the insurance amount/amounts specified in the policy.
In case of a loss, the INSURED must promptly notify the authorities of the Ministry of the Interior and the INSURER, which perform an inspection.
The compensation is paid within 14 days after presenting all documents necessary to prove the event and the amount of the damage. Official notes from the Ministry of the Interior and a final report by the prosecution staff must be submitted.