The Miscellaneous section of IAIC deals with the following main products:
Cash-in-Safe/Transit
This policy covers loss or damage on “All Risks” basis to the cash while in safe or during transit.
Fidelity Guarantee
The “Burglary” or “Cash” policies do not cover losses due to theft or fraud committed by the insured’s own employees. To cover such losses, Fidelity Guarantee insurance policy has been designed.
Personal Accident
The increased dependence on the use of road vehicles and air travel, together with the other modern ways of commercial and leisure activities, also contribute unfortunately to an increased risk of accidents. IAIC’s Personal Accident policy provides compensation to the insured in the event of Death or Permanent Disability (Either Total or Partial). The policy can be extended to include a weekly benefit in the event of Temporary Total Disablement and/or Medical Expenses caused by an accident.