Like every other asset you don't want your business to lose: you shouldn't under-insure bank balances. Sticking to legally mandated minimum insurance unsuited t

Like every other asset you don't want your business to lose: you shouldn't under-insure bank balances. Sticking to legally mandated minimum insurance unsuited to your enterprise is negligence. When the unimaginable happens, you can easily get bridging finance on the strength of your insurance (if your insurer is not responsive enough for your payroll dates)