Not A Big Deal, Until It Is… Valuable Papers

After a fire standard property insurance will pay for the value of the paper in your file cabinets…  So, for every file cabinet you have your insurer will buy you two boxes of copy paper.

Cool!

Until you realize you need the information that was on those pieces of paper. That is what is called Valuable Papers.

Valuable papers insurance pays the cost of re-creating the data that was on your valuable paper.  The cost of $250,000 of valuable papers insurance for one of my clients is $8.00 a year.

Not a big deal, until it is…