Money Insurance is an insurance coverage designed to protect money (cash, coins and/or currency notes only) for financial institutions.
Generally, money insurance has several subclasses or sections, such;
Cash in Safe (CIS): Cash in Safe (CIS) is coverage that protects cash stored in financial institutions safe/strong room outside of business hours from theft, robbery, or forced loss.
Cash on Counter (COC): Cash on Counter (COC) means that when cash is kept on a cash counter, cash register or till during business hours and this insurance coverage is provided for losses in the event of robbery, theft or forced loss.
Cash in Transit (CIT): Cash in Transit (CIT) is the insurance coverage where the insurance company pays compensation in case of theft, robbery, mugging or accidental loss while transporting cash from office to bank, bank to office, or from one branch to another. That is, when cash is carried from one place to another, it comes under CIT Coverage.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Burglary & Housebreaking Insurance is a type of general (non-life) insurance policy that provides protection against loss or damage to property in business premises, warehouses, shops, factories, or offices caused by burglary, housebreaking, or robbery involving forcible and violent entry or exit. In simple terms, if thieves break into premises by force (breaking locks, doors, windows, etc.) and steal goods, cash, or other valuables, this policy covers the loss.
| Loss of stock, goods, raw materials, finished products, machinery, equipment, furniture, fixtures, or cash due to burglary/housebreaking. | |
| Damage to the premises during burglary (e.g., broken locks, damaged doors or windows). | |
| Limited coverage for cash in safe can also be included. |
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Personal Accident Insurance is a type of general (non-life) insurance policy that provides financial compensation in the event of accidental injury, disability, or death of the insured person. It is designed to protect individuals and their families against the financial impact of unexpected accidents.
Class 1: Accountants, Bankers, Barristers, Medical Practitioners, Mercantile Assistants and those engaged solely in Executive, Administrative or Clerical duties.
Class 2: Architects, Planters, Electrical Engineers (Superintending only)', Master Tradesmen who supervise but do no manual Work.
Class 3: Motor Engineers (Master Working), Veterinary Surgeons, person engaged in Manual work not involving unusual hazards or Wood Working Machinery other occupation will be considered on application.
Table A- Death permanent and temporary disablements.
Table B- Death permanent total and partial disablements.
Table C- Death only.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Safe Deposit Box (or Bank Lockers) All Risks Insurance is a type of general insurance policy designed for banks that provide locker facilities to their customers. It protects the bank against legal liability arising from loss, theft, burglary, fire, or other accidental damage to items kept by customers inside safe deposit lockers. In simple terms, if a customer’s valuables (like jewelry, documents and securities) inside a bank’s locker are lost or damaged due to insured risks, the bank (as the policyholder) is protected under this insurance.
Safe Deposit Box (Bank Lockers) All Risks Insurance protects banks against liability for loss or damage to valuables kept in customer lockers, covering risks like burglary, fire, and accidental damage.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Workmen’s Compensation Insurance is a type of employer liability insurance that provides financial protection to employees who suffer injury, disability, or death while performing their job. It is primarily designed to comply with labor laws in many countries, ensuring that employers compensate employees for work-related accidents.
Workmen’s Compensation Insurance is designed to protect both employees and employers from financial loss arising from work-related accidents, injuries, ensuring compliance with labor laws
As per policy wording.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Third Party Liability Insurance is a type of general insurance that provides financial protection to the insured against legal liability arising from injuries, death, or property damage caused to a third party. This insurance called third party labiality insurance; because the insurance covers claims from someone other than the policyholder or their own property.
Third Party Liability Insurance provides financial and legal protection against claims arising from injury, death, or property damage caused to other people due to the insured’s actions or business operations.
(a) Accidental bodily injury to any person.
(b) Accidental loss of or accidental damage to property happening during the period of Insurance and caused in the course of the business at the Premises or elsewhere within the Territorial Limits.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Fidelity Guarantee Insurance is a type of general insurance policy that protects a business or employer against financial loss caused by the dishonesty, fraud, or forgery of its employees. In simple terms, if an employee steals, embezzles, or misappropriates company money or assets, the insurance reimburses the employer for the loss.
As per policy wording.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.
Overseas Mediclaim Insurance (Business & Holidays) is a health insurance policy for individuals traveling abroad. It provides coverage for medical expenses arising due to illness or injury while traveling outside the home country for business trips or holidays. This policy ensures that travelers are financially protected against unexpected medical emergencies during their international travel.
This insurance is valid from the First Day of Insurance for the number of days specified in Overseas Mediclaim Identification and Schedule, but ceases on his/her return to Bangladesh. This insurance is automatically extended for a period of 45 days for treatment of covered illness or accident if during such treatment the policy cover expires and the Insured Person is medically incapable of returning home. Extension of the period of insurance is automatic for a period not exceeding seven days, and without extra charges if necessitated by delay of public transport services beyond the control of the insured Person.
As per policy wording.
This Policies Terms, Conditions, Warranties, Exclusions & Deductible is applicable which are specifically excluded by the policy wording.
N.B.: For details, you are requested to contact to our nearest branch or Head Office.