Theft, Disappearance, and Destruction of Money and Securities Coverage

This provides insurance for loss of money and securities resulting directly from the following:

  • Theft (any act of stealing)
  • Disappearance
  • Destruction

It applies while the money and securities are on the insured’s premises, while in the custody of the insured or the insured’s messenger while conducting business at the bank, and while off the insured’s premises in the custody of the insured or the insured’s messenger.