This is insurance of your monetary interests and covers against losses arising from various internal and external factors. Internal factors could include crimes such as fraud and embezzlement. External factors could include theft etc. Some types of pecuniary insurance cover include:
- Money Insurance – Covers for loss of physical cash in transit or while in safe.
- Fidelity Guarantee Insurance – Indemnifies the employer against direct monetary loss resulting from acts of dishonesty of the employees.
- Credit Insurance – Protects against failure of your customers to pay trade credit debts.