Cash-In-Transit (CIT) Insurance provides peace of mind for professionals in the business of frequently transporting cash, whilst in transit from one destination to another.
The typical Cash-In-Transit (CIT) Insurance policy would grant cover for loss of business money on the business premises, or being carried by the insured, or its employees. Some of these insurance policies may also include personal accident cover. It may even grant cover for small amounts of cash at home of directors, or of the employees, as well as during or after hours working hours.
The insurance of cash in transit risks can only be undertaken with specialist knowledge, as the transport of cash is a complicated risk and very high values are involved. It needs to be insured in a way that covers all eventuality.
This is a specialist niche area and the various options may be confusing...
In fact, the smartest thing you can do is -- Get a specialist broker to do it for you!