• Of money or securities belonging or held in trust by you on your premises by fire, riot and strike, burglary and housebreaking, theft robbery or hold up
• In transit (your financial Instruments and money being misappropriated by negligence or fraud of your employees)
• By forging or alteration (by way of bogus financial instruments being used for collecting payments)
• By dishonesty (of your employees resulting in pecuniary loss)
• Of hypothecated goods under your control as a result of fraud and dishonesty of your employees
• By registered postal sending (robbery theft while in direct transit)
• By appraisers and Janta Agents (by infidelity).

Main Exclusions :

• War and nuclear group of perils
• Act of God perils like Earthquake, storm, or other convulsions of nature
• Negligent act of employee or wrongful act of director
• Trading losses
• Manipulation of Electronic Data Processing Systems

Notes :

• That a proper statutory audit be carried out by periodically
• In case of loss the Insurance Company have full rights to examine the Bankers books
• All moneys payable to the guilty employee shall be ours to recover / the claim shall be reduced to the extent