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Tuesday 28 December 2010

Prophylaxis of insurance money

Brief History
Developed by the insurance benefits are not guaranteed the money that the purpose of insurance coverage for the division, with the exception of the money in a safe or money in small amounts. The need for protection of workers 'wages' are taken from a branch of the bank account of employees or wages in lieu of business has increased.

Originally, the purpose of insurance is limited to the wages of workers who are not yet stored in a storage company. The more the meaning of money in monetary growth insurance is not limited to the wages of workers who saved the employer's business, but the money of the workers are not paid by the employer to the employee, such as building rent, salaries or distributed by the employer to employees who reside elsewhere. The danger is guaranteed at that time already covers the loss of losing money due to theft, robbery or accident. Security can be extended to the dishonesty of employees and the employer must pay the money.

Given the risk of losing money is not just happen out of the building and the building as a bank or other, then the security is often a warning to employers to strengthen its cash flows to observe the movement and location of the employer work. Especially if the money was transferred much under control.

What can be insured?
metal or the equivalent in cash and securities, the elimination of such activities.

What Is Covered?
Insurance cover loss of money for something (in terms of cash, traveler's checks, money orders, precious metals, bonds, and others) that occur as a result of theft, loss, destruction or misappropriation of funds, and damage during transport or storage in a store cashier and / or frame.

All risks are not covered?
The risks are not covered, among others: the lack of money due to a miscalculation by the finance and accounting, losses outside of these areas in the political declaration, war, riots and similar assets, depreciation , radioactive contamination, nuclear weapons.

Anyone who needs this product?
Companies or individuals engaged in large quantities and regularly. Examples: banks, currency, or any other company or person, or deposit money in the bank in large quantities. Take the insurance money is added to the fire, and is divided into insurance, the potential buyer, making sure that your property insurance on the building or fire.

What factors affect prices?
The amount or value of money for the kind of person, place, safe construction, operation and construction of buildings, equipment and safety are available, routes or areas to be achieved, the type of transport used.

How is the prize?
The premiums are calculated for a given period, say, 12 months or a single shipment or transportation of money. Used to enter = SUM (hop) x rate of contribution (in percentage). If the transaction is usually made in cash are made to the maximum amount insured whenever an application and the maximum amount of money insured in the year.

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