Accounts receivable insurance
The definition of accounts receivable is as follows: A sum of money that a company or customer owes for goods or services received on a credit basis for which an invoice has been issued.
You could be forgiven for thinking why or how does this relate to office insurance, however vast sums of income are lost each year due to lost accounting records.
When a flood hits your office or fire rages through it is indiscriminate about what it destroys. Paper based and digitally stored records can all be easily destroyed.
Our accounts receivable insurance covers you for the loss of time, additional resources and data recovery involved in trying to recover your lost records. It must be made clear our office insurance policies would not automatically cover the actual sum of the lost records just the increase costs incurred in reclaiming your assets.
Further details about our accounts receivable policies
To find out more about our office insurance and accounts receivable details use the links below:
Get an office insurance quote
insuremyoffice.co.uk provide office insurance that covers all aspects of your office insurance requirements. All quotes put though our system will be checked against a variety of insurers to ensure you get the right cover at a competitive price.
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