Consumer Voice

What banks normally insure

-

Banks normally take a comprehens­ive cover that includes losses due to fire, explosion and other dangers. Such policies normally cover the head office and the entire network including employees, furniture and fittings, cash held in the cash counters and the cash safe, and other electronic equipment like computers, but these do not cover lockers as what is kept inside them is not known (described in insurance parlance as ‘lack of insurance interest’).

Newspapers in English

Newspapers from India