Company d's cashier is robbed of $500 in currency. This loss would be covered under which insuring agreement?

Question

Jaxon Kemp

Social Studies

4 June, 07:45

Company d's cashier is robbed of $500 in currency. This loss would be covered under which insuring agreement?

+2

Answers (1)

Know the Answer?

Elwood · Answer 1

A Commercial Property Insurance would cover the theft of a cashier.

Explanation:

Commercial Property Insurance pays if business property is stolen or damaged. This policy protects your assets, the stuff your business needs to run - as opposed to General Liability Insurance, which doesn't cover material loss - such as your building or workspace (permanently installed fixtures, machinery, and equipment), and contents of the building: inventory, office equipment, and other supplies.