Money orders and counterfeit paper currency insurance

{
  "id": "MLC-T-INS-002219",
  "term": "Money orders and counterfeit paper currency insurance",
  "field": "Insurance and risk management",
  "definition": "Coverage that protects businesses from financial losses resulting from the acceptance of invalid money orders or counterfeit paper currency. This insurance is typically included as part of a broader commercial crime policy. It applies to losses sustained when such fraudulent instruments are accepted in good faith during the course of business operations.",
  "url": "https://mlchart.com/terminology/insurance/money-orders-and-counterfeit-paper-currency-insurance/"
}