Complete safeguarding of cash, cheques, and drafts in transit and vault storage — backed by Nigeria’s most trusted underwriting institution since 1952.
Our Money Insurance Policy provides an institutional-grade security shield against burglary, transit theft, and hold-ups. Designed for high-volume banking drops, commercial vaults, and personal custody operations, Prestige Assurance helps modern enterprises protect liquid assets and maintain continuous peace of mind.
Comprehensive protection designed to wrap around your cash flows and storage premises.
Losses occasioned by robbery, banditry, or stealthy theft while money is being transported between business sites and banks.
Loss of cash and security instruments stored inside designated, locked safes or bank-grade vaults following forceful entry.
Protects funds at cash desks, counter drawers, or sales points during standard operating hours against armed hold-ups.
Safeguards cash and equivalent securities held by designated or named employees on official business transit assignments.
Because cash transits fluctuate significantly based on seasonal trading and operational peaks, Prestige Assurance administers Money Policies on a **Provisional Premium basis**. The initial premium is calculated using estimates, which are then audited at the end of the policy period to verify actual sums carried.
Policyholders must keep absolute, documented logs of all money moved and stored. Record sheets must not be kept inside the safe where the cash is located.
Actual aggregated transits must be formally declared to Prestige Assurance within 30 days of the policy's expiration date.
If audited transits exceed the initial estimates, an additional premium will be charged. If lower, a return premium credit will be issued.