Loss of Money Insurance
Whether handling cold hard cash, or other forms of money in any quantity is a part of your day-to-day operations, or even if you simply make the occasional trip to the bank, you may fall victim to theft or loss which can cause losses for your business.
How do I choose the right cover?
Cover tends to fall into two categories. Firstly, insuring against loss which can cover you if your business takings are stolen from you or anyone working for you. The second category covers theft of takings cover, for those who sell at markets and fairs. Your level of cover should reflect the value and nature of your business and the policy taken out.
What Does Loss of Money Insurance Cover?
Cover varies depending on what you do and the value of cash you deal with, but it would ensure you keep the cash flowing if something went wrong that wasn’t the fault of your business.