Crime Insurance
Crime: One of the losses on the rise with many businesses is Crime/Fidelity losses. These can include loss of money, securities, or inventory resulting from crime of either an employee or third party. Claims can result from employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts. Some policies offer limited Money & Securites coverage or Employee Theft coverage but many times this is not enough coverage when the claim happens.
Ask us about coverage for the following items:
Employee Theft: Loss of money, securities and other property caused by theft or forgery by an employee.
Money or Securities Loss: Loss sustained due to the destruction, disappearance or abstraction of money or securities within or from the client's premises by third parties.
Money or Securities Transit: Loss sustained due to the destruction, disappearance or abstraction of money or securities outside the client's premises by a third party, while transported by the insured or any authorized person.
Forgery Coverage: Loss resulting from instruments which have been fraudulently drawn upon the companies accounts by a third party.
Computer Theft & Funds Transfer Fraud: Loss resulting from the intentional taking of money or securities through the use of a computer or fraudulent instructions to a financial institution to transfer, pay or deliver money or securities.
