Insurance for the Businessman -Loss of money

A loss of money policy usually covers you for all money on your business premises, in transit to and from your bank or the post office, and in the hands of executive staff in their own homes. Cheques, postal orders, National Insurance stamps and certificates, luncheon vouchers and unused postage stamps are also usually covered. Many insurers impose a limit (about £9o) on their liability for amounts left overnight in a safe, and they usually insist that all safe keys are removed from your premises overnight or at weekends. Your claim may be refused if you do not take these precautions with keys. The cost depends on your security arrangements and on the cover required.

Shop windows and plate glass

Shopkeepers should have a glass insurance policy to cover them for accidental damage to shop windows, doors, shelves, display stands, mirrors and show-cases. Most policies provide for the cost of temporary boarding up after a breakage and may be extended to include damage by impact or falling glass and losses caused by forced interruption to business.

The premium (minimum about £5) varies according to the nature of the risk, the value of the glass and other items to be insured.

Many insurers run a twenty-four-hour service for glass re placement, often employing their own glaziers with a large stock of glass and a fleet of vans. It is often worth while to take out a glass insurance policy just to have the advantage of this speedy replacement service.


Loss of money

Payroll Giving
It’s all very easy to organise.
Just ask the Personnel or the Payroll Department at your company and, if they already have a scheme, they will give you the relevant forms.  HM Revenue & Customs’ website has a list of Payroll Giving agencies and explains payroll giving in more detail.

Salon Gold Insurance

Cheaper Insurance for Salons, Freelance Hair and Beauty, and Mobile Businesses - click here

read on: Insurance for the Businessman -Loss of profits

A loss of money policy usually covers you for all money on your business premises, in transit to and from your bank or the post office, and in the hands of executive staff in their own homes. Cheques, postal orders, National Insurance stamps and certificates, luncheon vouchers and unused postage stamps are also usually covered. Many insurers impose a limit (about £9o) on their liability for amounts left overnight in a safe, and they usually insist that all safe keys are removed from your premises overnight or at weekends. Your claim may be refused if you do not take these precautions with keys.... see: Insurance for the Businessman -Loss of profits