Money insurance is a type of coverage that provides financial protection to businesses in case of loss, damage, or theft of money or securities. Let's take a closer look at how each type of coverage is applied in different scenarios.
Why do you need money insurance for businesses?
Money insurance offers comprehensive coverage to businesses, providing them with financial protection in case of loss, damage, or theft of money or securities. By offering money insurance, businesses can protect themselves from financial loss and maintain their financial stability in case of unexpected events.
Money Insurance can help you insure your well earned capital.
Loss of capital
Learn more about Money Insurance for your business:
Some businesses are still collecting a large sum of cash from their customers. Some businesses may also keep money in their business premise for quick access. While these large amounts are transited from their business premise to the bank, there are risks that exist within this journey as well.
Should there be any unforeseen accidents with the transport and storage of money, with this coverage, we cover loss of money in transit or theft within your premises, or damages to locked safe, drawers, strong room or cash register and cabinets. Additional 20% coverage for loss of money during festive seasons.
With every business, there are different risks involved. Whether or not the business owners have identified these risks or outsourced them, these risks exist. A business owner can choose to self-insure which may set back their capital or obtaining the right insurance coverage could benefit them and their business.
Yes, please contact us at our call center to obtain an endorsement should you require to add on any coverages as your business grows and its risks change.
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