This cover is becoming less relevant because cheques and cash are fast disappearing from businesses.

Cyber-crime and ‘phishing’ are now the challenge as explained in the cyber insurance section. Money insurance covers you if someone steals money, cheques or similar from you while on your premises, in transit with an authorised employee or stored externally. It does not cover cash being sent by post or courier and can also pay an amount of money for any employee injured during a theft.