Insurance for funds stored in a safety deposit box and during transfer.
Financial insurance offers to indemnify the insured for damage to the business’s financials while stored in the safe or during transit.
Possible coverage:
The insured property: Cash, checks, deeds, notes, and various tradeable documents.
Insured risks:
In financial policies, there is a difference between the coverage for funds stored in the safe and coverage for funds during transit.
In the safe: Fire, burglary, robbery.
In transit: ‘All-risk’ basis, i.e., coverage of any unexpected accidental damage.
© All rights reserved to Betach Toren | VIBIT Development | Design: Inbal Soroka
