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Financial advisory
RES5Financial Advisory Services✓Under a commercial money insurance policy, which loss is typically covered?
Money insurance covers accidental loss of cash — including cash in transit to/from the bank and on the premises — from perils such as robbery or theft, not trading losses, currency depreciation or unexplained shortages.
Confusing money insurance (accidental loss of cash) with bad debts, currency risk or accounting shortfalls.
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