Cash In Transit Insurance

What is Cash in Transit?

Cash In Transit, Money In Transit, Insurance from Goldstar means cash, bank notes, brand drafts, currency notes, cheques, current postage stamps, postal orders, money orders, revenue stamps and air time cards are all included. It protects the insured against risks associated with transporting cash from one location to another.

Cash In Transit is specifically designed to protect the insured from:

  • Loss of money arising out any cause
  • Loss of or damage to safe/strong room
  • Any case in which money is being carried
  • The goods or property of the insured or for which the insured is legally responsible caused by theft or attempted theft.

What’s covered

Cash In Transit is an All Risks policy covering money, up to the insured’s given limits, including;

  • In transit to or from bank
  • In insured’s premises outside safe/strong during office hours
  • In the insured’s premises in locked safe/strong room after office hours
  • In the insured’s residence or partner
  • In the hands of authorized official e.g salesmen, directors, messengers
  • Loss or damage to safe

What’s not covered

  • Shortage due to error and omissions
  • Loss of money from safe following use a key unless such keys are obtained by force or threat of violence
  • Loss arising from unattended vehicles
  • Loss or damage due to floods, cyclone, earthquake and other convulsions of nature
  • Loss/damage due to war and its related perils
  • Loss/damage resulting from roots, strikes and civil commotion
  • Loss arising from terrorist activities
  • Consequential loss

What’s optional

  • Political Violence and Terrorism: Cover against political violence and terrorism

Goldstar claim process

No matter what your worry is, we’re here to help
explain the process, assess your claim fairly
and minimize the disruption to you with a transparent claims process.
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How to make a claim

We have a number of options to help you make a 
claim quickly and effectively. Contact our dedicated claims team for advice on
an incident/claim.
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Why choose us ?

Goldstar Insurance was IFM’s Best Insurance
Company in Uganda (2015) and has over
 the years consistently maintained a Global A+ Credit Rating
Read more

Other types of insurance cover

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The widest cover for properties against loss or damage caused by any accident or misfortune ………….

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Buglary Insurance

Provides compensation when a property suffers loss caused by theft when accompanied by forcible breaking into.

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Electronic Equipment Insurance

Cover your property against loss or damage caused by any accident or misfortune

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2016 Global Business Outlook Award

Best insurance company in Uganda

2015 International Finance Magazine Award

Best insurance company in Uganda

A+ Global Credit Rating Co

Your expert local insurance partner

Easy Claim

Easy claim procedures with no hassle

Save Your Money

Host of discounts – No claim bonus, Discount for Automobile

Instant Online Policy

Host of discounts – No claim bonus, Discount for Automobile.

INSURANCE POLICY

FAQ's

How do I cover items that I take away from the home?
What is accidental damage cover?
Are items in my garage or shed covered?
I live in rental accommodation. Do I still need insurance?
What is an excess?

Tips

  • Ensure you declare a list of items to be insured under contents insurance including serial numbers, model, make and have the correct sum insured
  • Always keep valuables safely and locked out of site to protect against the risk of theft