Money Insurance

1.What does money insurance policy cover?

A money insurance policy covers the loss of cash, cheques, or other forms of money due to theft, robbery, or accidental damage while in transit or stored at your business.

2.Why do I need a money insurance Policy?

You need a money insurance policy to ensure you are compensated for any loss or damage to your money, whether from theft or accidents. The policy covers losses up to an agreed limit, based on your estimated annual cash handling.

3.What are the benefits of a money insurance Policy?

Money insurance protects your business money (which will include not only cash and cheques, but also items such as lottery tickets, gift cards, postal orders, and stamps) by providing cover for loss whilst on your premises or in transit.

4.What document will I get after buying a money insurance Policy?

After buying a money insurance policy, you will receive a policy document which is a written contract of insurance between the insured and the insurer. It contains terms and conditions of the insurance cover as well as the risks covered. Ensure you read and understand the contents of your policy document.