The property covered by this Policy is money and/or securities in transit from one place to another. This is a first loss cover and provides for payment of a claim, without bringing in the consideration of under Insurance, pro rata average and partial average. Policy covers loss or damage to money i.e., current coins, bank and currency notes, cheques, postal orders, money orders and current postage and revenue stamps occasioned by robbery or theft or any other fortuitous cause whatsoever whilst in transit. Policy may be extended to cover (a) infidelity of employees (b) cash in safe for a period of 48 or 72 hours on account of unpaid cash which is secured in safe or strong room (c) riot, strike and terrorism damages. Since initial premium is charged on the basis of estimated total cash carryings in a year, it is necessary that when the year ends premiums are adjusted on the basis of actual carryings.