Your Cash Takings Insurance protects all of your cash:
- banknotes and coins;
- bank cheques and traveller's cheques;
- luncheon and gift vouchers;
- Proton electronic wallet amounts cashed electronically.
When you think of your takings, your first thought is theft. But many other situations can threaten your cash. Your Cash Takings Insurance covers them all:
- Theft (at home or at work), even if you are not there when it happens.
- Damage to or destruction of the money or payment documents.
- Loss of money in transit between one of your business premises and your home or the bank, between different delivery points and when working on the move.
Have you been the victim of theft or lost your takings while they were in transit? We will indemnify you quickly. Just call TeleClaims on 0800 960 40 to set things in motion. You don't have to make a claim on paper any more.
The claims payout ceilings are as follows:
- Proton electronic wallet movements: up to EUR 1,000.00.
- counterfeit notes: up to EUR 2,000.00 (per insured establishment and per year of cover).
- theft: up to EUR 3,500.00 (outside working hours or at the insured premises).
- theft from the place of business with violence or intimidation: up to EUR 10,000.00.
- in transit: up to EUR 10,000.00.
- damage or destruction caused by fire, water damage, lightning, etc.: up to EUR 10,000.00.
The amount of premium for your Cash Takings Insurance depends on the number of places of business. We calculate a separate premium for each place of business and then add them together.
All of your insurance premiums are tax deductible as overheads.
In order to benefit from cash takings insurance, you have to insure all of your places of business simultaneously.
Also, the insurance only applies to self-employed people, professionals and heads of small businesses who receive cash.
Convenience stores open at night, stockbrokers, cash transport firms, betting shops and bookmakers are excluded.
Pierre, the manager of a men's clothing shop, always has a cash turnover. His Cash Takings Insurance to protect this cash costs him EUR 119.41 a year.
One Saturday evening, he decides to take the day's takings, EUR 2,340, home with him. After having dinner and watching a play, he discovers that his house has been burgled and his takings are gone.
Luckily, Pierre gets all of this takings back as he took out cash takings insurance.