Assuming in my business premise i hold US $ 50000 in a day and transport a similar amount to the bank daily, what is the ideal amount to insure?
thanks
Total Comments: 1
Posted: Sun Feb 05, 2012 04:17 am Post Subject:
I would insure at least that much usually it has a base limit in your policy. Ask your agent how much money and security coverages you have.
Coverage providing protection for a business against loss from a hazard under the On-Premises Form, that provides all risk protection against the loss of money and securities; or the Off-Premises Form, all risk protection against loss of money and securities while they are in possession of a messenger. There is no coinsurance deductible requirement.
Posted: Sun Feb 05, 2012 04:17 am Post Subject:
I would insure at least that much usually it has a base limit in your policy. Ask your agent how much money and security coverages you have.
Coverage providing protection for a business against loss from a hazard under the On-Premises Form, that provides all risk protection against the loss of money and securities; or the Off-Premises Form, all risk protection against loss of money and securities while they are in possession of a messenger. There is no coinsurance deductible requirement.
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