What is a Money Insurance Policy?
Money and monetary transactions are absolutely essential to any business! But when you’re dealing with things like cash, cheques, drafts, postal orders, there is always a little bit of risk involved, and we completely understand that. That’s why Digit’s Money Insurance Policy is there to help you protect your business's money 24/7!
For example, say you’re carrying cash from the bank to your factory to pay vendors or distribute wages. But, on the way there, you’re stopped and robbed, and there is no guarantee that the police will find the culprits!
Without this type of money insurance, you would have no way to make up for such a devastating loss. However, if you are covered by this insurance, it will help you in getting back that amount. 😊
So, with this policy you can rest easy knowing that your money will be protected from a whole host of losses, destruction or damages caused by an accident.
Benefits of having a Money Insurance Policy
Having a Money Insurance Policy is essential to protect you and your business in case of theft, loss, or accidental damage of your money either when it’s in a safe or in transit. But why do you really need it?
What can be Covered?
With a money insurance policy, you’ll be covered for...
*in case you were wondering, the difference between robbery and theft is robbery is when someone steals from a person using force (or makes them think force will be used), while theft means taking someone's property but does not involve any use of force. Burglary is when someone illegally enters a property in order to steal from it.
What is not Covered?
We at Digit believe in transparency, so we also want you to know some cases where you won’t be covered – just so there are never any surprises...
How to choose the right Money Insurance Policy for you?
Who all need a Money Insurance Policy?
Any business that deals with money or transactions (which is all businesses!) can never be too careful. That’s why getting a money insurance policy might be a good idea, especially if: