Crime
Insurance

What is Crime Insurance?

Business crime insurance, also known as commercial crime insurance, is a type of insurance policy that a business can buy to protect itself from losses from business-related crime. Protection through the policy can cover cash, assets, merchandise, or other property loss when someone perpetrates fraud, embezzlement, forgery, misrepresentation, robbery, theft, or any other type of business-related crime on the company.

What does Crime Insurance cover?

Crime-related losses are not typically covered by commercial property insurance. So, you may want to consider what commercial crime insurance offers:

A) Employee dishonesty coverage

B) Forgery or alteration coverage

C) Theft of money and securities coverage

D) Burglary or robbery coverage

E) Computer fraud coverage

Why is Crime Insurance important?

Commercial crime insurance safeguards assets from losses due to dishonesty, theft, or fraud by employees and third parties. Whether the offender is a permanent worker, intern, or consultant/freelancer, it covers them all. Even if the crime is theft, fraud, faking, or forgery, this coverage helps minimize risk.

Because you can’t predict a crime or wrongdoing, preparing for unexpected losses is the best action you can take. Crime comes in many hues and can cause severe financial loss. From counterfeit attacks to theft and hacker attempts, crime insurance safeguards your financial interests in these events and more.

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