The policy covers loss or destruction or damage to money belonging to the insured, or which he is responsible for by cause whilst conveyed by an employee or other authorized person or in the insured premises or in a bank night safe. In addition it covers loss of or damage to the safe or strong room of the insured as result of theft or attempted theft of money.

"MONEY" refers to cash, bank notes, cheques, money orders, postal orders, bills of exchange, postage and other stamps (not being a stamps collection or part thereof) having monetary value.