which class of insurance would be required by a petrol filling station operator whose operation involve high financial transactions?

Answer Details

The class of insurance that would be required by a petrol filling station operator whose operation involves high financial transactions is the Money Policy. This is because a petrol filling station deals with a lot of cash transactions, and there is a high risk of theft or loss of money on the premises. A Money Policy covers the insured against loss of money due to theft, robbery, or any other unexpected event while the money is on the premises, in transit, or being stored in a safe. It may also cover loss of money due to employee dishonesty, counterfeit currency, or accidental damage to the money. Therefore, a petrol filling station operator would need a Money Policy to protect their business against financial losses due to theft, robbery, or any other unforeseen circumstances that could result in the loss of money.