Loss or theft of money is covered within the property module of Cornwall Council's policies.

This insurance covers the loss of funds, provided it is kept in a locked receptacle. It also includes cover for cash in transit to or from the bank.

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School governors are regarded as employees under this policy.

The limits to the sums insured are:

CoverSum insured

Under the actual supervision of employees incl in transit 


In a floor or wall safe or strong room


In a locked receptacle


In the private residence of any employee