Money Insurance
What you need to know
What is Money Insurance?
Money Insurance protects companies against loss of cash, cheques, credit card slips, bank notes, traveller’s cheques, money orders, unused postage stamps and revenue stamps as a result of burglary or robbery whilst in direct transit between the premises and bank or post office when carried by the insured or authorised employees.
Money Insurance also covers money in the insured’s premises during and outside normal business hours. However, money in premises outside normal business hours must be secured in a locked safe. The policy also extends to money in a bank night safe, and even a small amount of cash at the homes of directors.
Who needs Money Insurance?
Whilst the majority of business transactions today are conducted electronically, there are a number of businesses that still handle money. If your company directly deals with cash, bank drafts, currency notes, treasury notes, postal orders, money orders and postage stamps, you need Money Insurance.
The Winley Insurance Group solution
If you’re looking for Money Insurance or you just want to learn more, Winley Insurance Group can help! Our team works to help you secure reliable cover at the best possible rates.
Contact us for additional information or a quote
Keep in mind, money cover is not a standalone policy. It’s often included as part of the business package policy or Industrial Special Risks Insurance. Contact us at 1300 732 205 or begin our Money Insurance quote process now.
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