New Policy to Protect the Bank Locker
Mumbai: IFFCO Tokio General Insurance Company today announces that the launch of the Bank Locker Protector Policy to protect the components of the bank locker such as jewellery other valuable items.
The policy provides a cover against various risks that include fire, earthquake, burglary, and hold up, infidelity by any bank staff or any act of terrorism. Besides that jewellery and valuables, one can also ensure essential documents that we keep in the locker as an add-on cover. This policy can be sold both as retail and group policy for banks.
Bank lockers are always considered as a safe place where we can confidently keep our valuable stuff. Despite tight security, it has been seen that there are cases of burglary in the country. The lesser known fact to ordinary people is that the locker hiring agreements do not cover compensation in case of such untoward issues or incidents. The Banks Locker Protector policy helps to bridge the gap offering protection.