High Value Monetary Instruments

Overview

Banknotes, coin, bullion, bearer bonds, certificates, stamps, precious metals and other negotiable instruments demand a specie form, not a standard cargo form. Atlas writes vault-to-vault cover for central banks, private banks, cash-in-transit operators, refiners and family offices.

Every risk is underwritten around the security programme: crew vetting, escort profile, route selection, seal protocol and vault standards. Where the programme is strong, our terms reflect it.

What the policy covers

Vault-to-vault transit

Cover from the moment consignment leaves the sending vault until it is checked into and receipted by the receiving vault.

Armed robbery and hijack

Loss by hold-up, hijack, ambush, forced diversion and theft of vehicle or container with contents.

Infidelity and mysterious disappearance

Employee infidelity of the carrier's staff and unexplained shortage discovered at seal-intact count, subject to agreed count procedures.

Air and courier carriage

Commercial air freight, chartered aircraft and vetted international secure courier movements, including airside handling and bonded holding.

Vault and premises exposure

Optional extension while consignments are held at intermediate cash centres, refineries or processing sites.

Reconstitution costs

Cost of replacing, reissuing or advertising lost certificates and instruments, including legal cost of obtaining a duplicate.