Fidelity & Money

Insurance cover for your cash

How much cash money does your property insurance cover? Many businesses believe they are adequately covered for their cash, when in fact their sums insured are significantly less than the amounts regularly held. In these scenarios, a standalone fidelity and money policy can provide total peace of mind. 


Howden consultants can design coverage including elements of fidelity, money, crime and cyber insurance. 

What is Fidelity Insurance?

Fidelity Insurance covers direct financial losses as a result of dishonesty by your employees. This usually means fraud. 

What does Money Insurance cover? 

Money Insurance covers robbery or theft of money carried by yourself or authorized persons while in transit, and also money in a safe. 

Such policies define money as cash, bank drafts, currency notes, treasury totes, cheques, postal orders, and current postage stamps. 

Do I need both?

Both policies cover different ways criminals can relieve you of your money. That’s why insurance markets tend to group these two risks together.  

How are the premiums calculated? 

Premiums are priced according to your unique risk. They are calculated from:

  1. Location of Risks
  2. Money Routes and carrier
  3. Method of Transportation
  4. Frequency of Money movements
  5. Cash limit/exposure (highest and average)
  6. Security Arrangement/procedures
  7. Background, position, years of service of the employee who will transport the money
  8. Security/Auditing Procedures
  9. Lost History

Your Howden broker will 

  • Present your case to the insurance markets in the best possible light, to help achieve the best possible price
  • Advise on risk management to lower your chances of an incident (which can also help reduce price)


A word on claims 

When it's money that’s been suddenly taken out of your business, your very liquidity is on the line. That’s why we strive to get all claims paid extremely quickly. To us, that means building the policy clauses to take away the ambiguity that keeps insurer decision-making dragging on. And if there is any confusion, stepping assuredly into the debate, always.

Who is the cover with?

Howden access a wide variety of participating insurers, connecting with both local markets and the Lloyds of London market, in order to provide maximum financial stability. 

Fidelity and Money coverage is often included in home or industrial contents policies – but that amount of coverage doesn’t suit everyone. For businesses and individuals with higher risk profiles, a standalone Fidelity and Money policy proves useful. 

Request a quote

Call us on  +56 2 24 29 4410  or drop us a quick message and we'll get back to you asap

Area

Contact - Carlo Caiani
Tel No - 56 (9) 77599739

Contact - Juan Antonio Sánchez
Tel No - 56 (9) 65879482

Contact - Alejandro Guajardo
Tel No - 56 (9) 54076238

Contact - Fernando Olavarria
Tel No - 56 (9) 33656999

Contact - Roberto López
Tel No - 56 (9) 4934 1105

Contact - José Escudero
Tel No - 56 (9)74440208

Contact - Bernardita Laso
Tel No - 56 (9) 97011978

Contact - Miguel Anselmi
Tel No - 56 (9) 5444 9361

Contact - Victoria Jaramillo
Tel No - 56 (9) 52158022

Are you a:
Are you a:
CAPTCHA
6 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.