Money Insurance: If you do business, then definitely get money insurance, be sure of cash theft or robbery
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Money Insurance Benefits : Insurance products provide us both savings and protection. Above all, their main objective is to compensate for the loss in case of any untoward incident. In the recent past, the demand for insurance products has increased rapidly all over the world including India. Nowadays people are fiercely buying many types of insurance policies including Life Insurance, Vehicle Insurance, Health Insurance, Home Insurance. Today we tell you about another type of insurance product. The name of this insurance product is Money Insurance.
What Is Money Insurance & Its Benefits?
Compensation in case of theft of money, dacoity, robbery
Under money insurance, the policy holder gets insurance cover for the risks related to money in the business. Money Insurance Benefits In case of theft of money, dacoity, robbery, loss is compensated in this. With the help of money insurance, security of money can be ensured in every risky situation. From shoplifting to dacoity, all incidents are covered under money insurance. Many types of options are available in the money insurance policy, which you can buy the policy by adjusting according to your need. If you also want to take the security cover of money insurance for your business, then we are giving you information about it-
Benefits Of Money Insurance
These benefits are available under money insurance
Under money insurance, the policy holder gets security cover on all kinds of risks related to money. In this, money transactions through cash, draft cheque, postal order and treasury notes are covered. The best part is that the premium to be paid for this insurance is not high and one gets monetary protection. Keeping in view the needs of the business people, this policy has been made. If you have a shop or any such business, where cash transactions worth lakhs and crores take place every day, then this insurance is useful for you.
Money Insurance : Terms & Conditions
These losses are not covered under money insurance
If the loss of your money has happened to a person who is not covered under the policy, then the benefit of insurance cover will not be available.
Even if the money is stolen or lost due to the fault or negligence of the policy holder, you will not get the benefit of insurance
Insurance cover is not available even in situations like earthquake, flood or any natural calamity like war.
Before buying money insurance, its terms and conditions should be read and understood thoroughly.
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