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Commercial Forgery Policy

As a business owner, there's a lot to worry about. Much of it has to do with the actual running of the business. But a host of other potential headaches loom over every decision. Luckily, insurance companies offer products for most of these worries. The range of policies run from the highly general (See: Commercial General Liability) to the very specific.

Which brings us to the commercial forgery policy.

This type of insurance covers a business if they get stuck with a forged check. It's most useful for businesses that deal with the public on a regular basis, such as retailers. And the coverage becomes especially useful for retailers that deal in high-end merchandise.

Find other enlightening terms in Shmoop Finance Genius Bar(f)