Crime Insurance

Crime (Employee Dishonesty)

Crime Insurance (also known as Fidelity insurance) covers your business against the loss of money or stock arising from theft or dishonesty by your employees. In hard economic times, employee dishonesty incidents rise because people become desperate. And we are not talking about small losses. Many have been in the $ millions. This coverage is often overlooked or poorly addressed by business executives and insurance experts alike. With the advent of computers, there are a myriad of ways for employees to steal from their employers. Moreover, there are many ancillary coverages that go along with the standard crime policy. Don’t overlook this important area.