Me and Absinth have just been discussing this. If you were in a bank and had just drawn out a large amount of money, but the money was still on the counter and the bank was robbed and the money taken, what would happen? Would the bank be insured for the money or because you had it on your side of the counter would it be you personally that had lost the money? Sounds daft I know but Im really curious
I am fairly confident (but don't know for certain) that the bank's insurance company would pay out - just as if you were in a bank and you got robbed of your jewellery.