Money Cover*

Money insurance protects your business money (which will include not only cash and cheques, but also items such as lottery tickets, gift cards, postal orders and stamps) by providing cover for loss or damage to it whilst on your premises or in transit.

Did you know?

Money in transit generally includes money contained in a night safe or automatic teller machine- from the time you deposit the money until the time your financial provider ceases trading the following day.

What’s typically covered?

Business Money in transit
Business Money in your building/s
Business Money in private residence

What’s typically NOT covered?

Loss of money:

Caused by clerical or accounting errors
While being carried by professional money carriers, professional carriers or common carriers
From any unattended vehicle
From any safe or strongroom opened by a key or by use of a combination that are left in the building outside business hours.
Outside of Australia (subject to additional benefit – Traveler’s money).

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Things to consider

Does your business hold large sums of money on-site, or do you transport money to and from your business premises?

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BizCover Pty Ltd (ABN 68 127 707 975; AFSL 501769). BizCoverTM does not compare all general insurers or insurance products in the market, only those listed on our website. We act as agent of the insurer in respect of any insurance policy purchased through us and not as your agent. Any advice provided is general advice only and does not take into account your personal objectives, financial situation or needs. Please consider whether the advice is suitable for you before proceeding with any purchase, including by reading the Product Disclosure Statement or Policy Wording (available on our website). For more information about our services, including how we are remunerated, our remuneration rights if the policy is cancelled and how we deal with your personal information, please read our Terms and Conditions (including Privacy Notice), Financial Services Guide and Privacy Policy