Multiple choice

Which of the following is not covered under a money insurance policy?

  1. Losses occurred while handling cash

  2. Losses occurred while handling postal orders

  3. Losses occurred while handling postal stamps

  4. Loss of money that has been entrusted to other than authorised person
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Money insurance policy is designed to cover the losses that may occur while handling cash, cheques, postal orders or postal stamps. The policy normally provides cover under two sections.

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