- Loss of, or damage to, your accounting books, or other business books or records which result in you being unable to trace or determine your outstanding debt balances.
- Reasonable increased collection costs and expenses which you incur as a result of the loss of, or damage to, your books.
Accounts receivable insurance
Some payments are late and sometimes they're just non-existent… We'll cover you for this
In a nutshell
Running a business is risky business and, sadly, accidents are part of everyday life. The king's accidental damage insurance protects your business from unexpected mishaps. By ‘accidental damage' we mean the accidental, physical loss of, or damage to, any tangible property that belongs to you or for which you're responsible.
Loss or damage to property due to or caused by
- Wear and tear or gradual deterioration.
- Moths or vermin.
- Detention or confiscation by any lawfully constituted authority.
- Electrical, electronic or magnetic damage (unless you have duplicates stored at a different premises).
- Fraud or dishonesty by your principal, director, member, partner or employee.
