About POS Device Insurance

Your POS machine is your business lifeline. POS Device Insurance protects your terminal against loss, theft, accidental damage, and unexpected breakdowns — ensuring business continuity and peace of mind.

Stay secure, stay connected — even when life happens.

Key Benefits

• Coverage for loss, theft, and accidental damage to POS terminals.
• Low-cost premiums starting from 3% of device cost.
• Quick claim settlement to minimize business disruption.
• Optional add-ons: Business Interruption and Health Benefits.

Pricing Snapshot

Premium Rate: 3% of the value of the insured POS device.

Eligibility: All Grants MFB merchants, agents, and business account holders using POS machines.

How It Works

1. Register your device during setup or through your Grants MFB branch.
2. Pay premium based on your POS device’s current value.
3. Stay protected — easy claims if your device is lost, stolen, or damaged.

Frequently Asked Questions

What types of POS devices are covered?

Mobile POS devices, desktop POS terminals, and Android smart POS are eligible for coverage.

How do I make a claim?

Simply visit your Grants MFB branch or merchant support center with proof of loss, police report (if theft), and your device registration documents.

Is Business Interruption covered automatically?

No, it is an optional add-on available at extra cost.

Get Covered Now

Secure your POS terminal and keep your business running with Grants MFB POS Device Insurance.