Businesses like retailers that deal with a lot of cash should consider effecting this type of policy. It covers your cash wile on premises during and outside business hours as well as cash in transit to and from the bank.
Due to the evolution of white collar crime events in today’s world so too has the insurance industry evolved to protect businesses from crime claims like employee dishonesty, embezzlement, forgery and funds transfer fraud just to name a few. The Commercial Crime policy was developed to handle these types of risks which are usually associated with companies in the Financial Sector.
Principals may ask you to effect a Bond to guarantee the works will be completed in the time specified. In the event a contractor reneges on a particular job the bond is called in by the Principal. The value of Bonds are usually 10% of the contract price. The various bonds available in the market include Performance Bonds, Advance Payment Bonds, Tender Bonds and Bid Bonds.
We do not live in a perfect world and as such may not realise that we have dishonest employees. This policy will help you recover losses for those unfortunate circumstances when cash or goods are stolen by employees.
The information stored within our servers are our most valuable resource and with the pervasiveness of today’s online market the imminent threat of cyber risks like phishing, ransomware and malware must be dealt with by corporations and online businesses alike. A robust Cyber Insurance programme catered to your specific needs can protect your reputation and keeps your Clients’ confidential data out of the hands of malicious hackers.
PORT OF SPAIN OFFICE #122-124 Frederick Street, Port of Spain, Trinidad and Tobago, West Indies
SAN FERNANDO OFFICE #25-27 Lady Hailes Avenue, San Fernando, Trinidad and Tobago, West Indies
GUYANA OFFICE #A52 Barima Avenue, Bel Air Park Georgetown, Guyana
Covering you since 1968 We Negotiate For You! THE WINGS OF COVER
