Most sensible and prudent owners or managers of smaller businesses, will have in place soe form of small business insurance. The choice is seemingly endless, but most policies will follow the same format and have very similarly titled sections of cover. For example, stock, machinery, plant and business building insurance. Employers, products and public liability and other smaller covers such as business interruption, money and legal expenses.
You do need to be careful to look at exactly what is covered and what is no. You may not think that you can have different cover, but nearly every insurer will offer different limits and have different terms and conditions.
One of the main differences is the out of hours money cover. A lot of businesses, particularly over a weekend will not have time to take their cash to a bank night safe and will have to leave this on the premises overnight.
Cash is of course king to not only the business but also to thieves. A lot of policies will restrict cover to a low limit, such as £100 unless the money is kept in a locked safe. If you have cash in a safe limit, this can be for thousands and thousands of pounds. For limits in excess of two or three thousand, you may need to specify the type of safe and/or whether this is cover only if the safe is bolted into the floor or the wall.
You should always check with your business insurance broker and ask them to review you policy wording and cover with you.