A package for Cheque Cashing, Money Transfer, Currency
Exchange and Pay Day Loan and related services stores.
Mandatory coverages include Property (building and/or contents)
and Liability. Optional coverages such as Loss of Income,
Crime & Equipment Breakdown are available as required.
Coverages
Property
Broad Form, Replacement Cost (excluding stock), $1,000 Deductible.
Subject to Warranty Endorsement.
- 90% Co-Insurance
- Sewer Back-Up
- Earthquake
- Flood
- Extensions of Coverage include;
- Temporary locations - $25,000
- Newly acquired locations - $100,000
- Parcel Post - $2,500
- Other Transit - $2,500
- Sales Representatives - $2,500
Cash Advance Protect Extension Endorsement
Business Interruption - Limited Business Income - Broad Form
Crime - Broad Form Money & Securities
- Employee Dishonesty
- Loss Inside Premises
- Loss Outside Premises
- Depositors Forgery
- Third Party Computer and Funds Transfer Credit - $50,000, $75,000 and $100,000 Limits Available
Commercial General Liability - $2,000,000
- Non Owned Auto
- Tenants Legal Liability - $250,000
- Medical Payments - $10,000
Underwriting Considerations
- Minimum Premium $1,000
- Subject to Satisfactory completion
of the Cash Advance Program Supplement