Check Cashing

If you own a Check Cashing or Pay Day Loan establishment, you surely understand the high risk nature of the business. Naturally, your insurance provider should understand this as well. The exposures faced on a daily basis are unique; consequentially, lacking a specialized insurance policy that provides coverage for these distinctive risks can be disastrous for your business and livelihood. When it comes to choosing an insurance provider, choose one that is familiar with the risks at hand and understands your business. A specialized industry needs specialized solutions and that is precisely where we come in. Serving the industry for over 20 years, JSIS understands the particular risks faced by the check cashing industry. Our insurance programs are custom built and specifically designed to cater to your particular needs by offering expansive coverage options and comprehensive package policies at competitive pricing. Our office will consult you individually to ensure that you have a policy with adequate coverage and minimal gaps. By putting your trust in us, you can sleep peacefully knowing that you have the proper protection in place to deal with unprecedented situations should they occur.

We recognize that no two check cashing establishments are exactly alike. In light of this, our office has assembled programs that offer extensive coverage options to ensure that your business has the coverage it needs. Whether you need additional limits for busy Friday’s and peak tax seasons or insurance to cover cash in transit between store locations, we will build you a policy that complements your situation. Our policies can also be written with endorsements to include Business Owners Risks including Building Property & Liability Coverages: Some of the coverages and options you can expect to find are:

Property & Casualty

  • Building Property
  • Business Personal Property
  • Business Income/Extra Expense
  • On Premises Stock including Money & Securities
  • Personal Conveyance of Money & Securities (Travel)
  • Property in Bank Safe Deposit Box
  • Shipments & Armored (Domestic & International)
  • Off Premises Check Cashing
  • Forgery or Alteration
  • Extortion/ Kidnap & Ransom
  • Travel: Property in Transit
  • Ordinance or Law
  • ATM Coverage (Cash & Property)

General Liability Coverage:

  • Premises Liability
  • Products & Completed Operations
  • Personal & Advertising Liability
  • Fire Legal Liability
  • Hired and non Owned Auto Liability
  • Employee Benefits Liability
  • Employee Dishonesty
  • Employee Related Practices Liability
  • Medical Expense

Key Coverage Extensions:

  • Accounts Receivable
  • Valuable Papers & Records
  • Business Computer Equipment/Software
  • Key Replacement & Lock
  • Forgery & Alteration
  • Outdoor Signs & Property
  • Valuable Papers & Records