Crime
Crime is a common worry for businesses. Employees may decide they are entitled to the company'’s money or inventory; a thief may rob you of your cash or checks. Working through such losses takes time and money – resources that would be better spent running your business.
All businesses are potential targets to employee theft, fraud, embezzlement and forgery. Commercial Crime Insurance is designed to address the risk of employee infidelity. This is why Crime Insurance is often called fidelity insurance, in most cases. Commercial Crime Insurance protects against employee theft, fraud, forgery, and other crimes.
Most businesses, particularly those with employees, should have some form of Commercial Crime coverage. For small businesses, some Business Owners Policies (BOPs) include such protection, although with low coverage limits. With Crime Insurance you can cover things such as:
- Employee dishonesty
- Forgery or alteration
- Theft of money and securities
- On-premises and off-premises theft
- Burglary or robbery
- Computer fraud/theft
- Credit card fraud
Even cash is covered with crime insurance
Did you know your Property Coverage does not cover reimbursement of cash and checks in a building if a fire or other disaster destroys them? That’s just one more area where Crime Insurance has you protected.
