Cash in Safe Insurance
How do I know if I can purchase cash in safe insurance?
Verifying your business type is necessary to know if you can purchase cash in safe insurance. Determine if your business frequently keeps large amounts of cash in safes, as cash in safe insurance is intended for businesses that handle large amounts of cash. For detailed information and clarification, you can reach out to KBZMS Call Centre (+959) 95 007 7000 if you have any questions.
How can I get cash in safe insurance?
To get cash in safe insurance:
- Please complete the proposal form
- Our survey team will do site survey at the location and take photos to assess the risk and provide quotation.
What are the required documents for cash in safe insurance?
- Completed Proposal Form
- Survey Report by Our Survey Team
- A Copy of Company Extract
- A Copy of Cashier’s NRC/ID
- A Copy of Safe’s Holder NRC/ID
- Photos of Building, Vault Room & Safety Box
- A Copy of Cash in/out Record (Balance Sheet)
Does the coverage extend to losses related to fire damage of cash in safe insurance?
No, this coverage is an exclusion
What are the payment options?
After receiving the Debit Note, you can pay the premium at the KBZMS offices or directly to KBZMS bank accounts via KBZ bank QuickPay services or other KBZMS designated bank accounts through mobile banking or internet banking, or nearest bank branches of Major banks. Please refer to the Debit Note for the detailed bank account information.
What should I do when I want to make a claim?
Notify the KBZMS Call Centre at (+959) 95 007 7000 immediately and let us know the following:
- Brief Details of the Claims Event
- Contact Information
- Cash Register
- Police Report
How can I renew my policy?
A renewal notice will be sent to you before the policy expiry, and you can renew your policy for next term by paying the premium.
How long is the insurance coverage valid until the expiry date?
The insurance coverage is valid until midnight (12:00) on the expiry date.
