Learn more about Money Cover with Tennyson the charity insurance experts

Money Cover is, as the name suggests, cover for any money (cash) that the organisation may have on their premises or in transit. If you have money in an overnight safe, or have employees who handle money or take it to the bank, then Money Cover is worth considering.

Example

Following a fund raising event one evening, you have £500 in cash which cannot be banked until the next day. Whilst you and the team are tidying up the hall at the end of the evening, the money disappears.

Who needs Money Insurance?

Organisations which conduct fundraising events, handle cash or who have money on site.

What does it cover?

The loss of any coins, notes, bill of exchange, luncheon vouchers, uncrossed cheques, giro cheques, postal orders, postage stamps etc belonging to you or for which you are responsible.

Personal Accident cover for staff in case they are assaulted while looking after the money.

Damage to personal effects following a robbery.

Replacement cost of franking machines, safes, strong rooms or security cases damaged in a robbery.

What does it not cover?

The cover does not include loss:

• from cash dispensers
• Due to employee dishonesty
• Due to errors mistakes and omissions
• During transit by post
• From unattended vehicles