- 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
King Price covers your business against any losses caused by the inability to collect payment from a customer for a variety of reasons.
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.
