BizGuard is RMO's financial protection product line for businesses. It covers exposures that go beyond traditional commercial property and liability — fraud, payment disputes, key-person events, and revenue protection.
RMO BizGuard tiers:
- BizGuard I ($12/mo) — basic financial protection against fraud and payment disputes for small businesses.
- BizGuard II ($25/mo) — key-person coverage and expanded financial safeguards for growing businesses.
- BizGuard III ($45/mo) — comprehensive revenue protection and cyber-fraud coverage for mid-market companies.
- BizGuard IV ($75/mo) — maximum financial protection with executive liability coverage for enterprises.
Common BizGuard claim scenarios:
- An employee falls victim to a phishing email and wires money to a fraudulent account.
- A customer disputes a card transaction and the chargeback exceeds your normal reserve.
- A key employee unexpectedly leaves and the business takes a measurable revenue hit during transition.
- A vendor fails to deliver and the resulting financial impact exceeds standard credit terms.
BizGuard pairs naturally with BizCyber for businesses that want both technical-incident coverage and financial-event coverage in one program.