Business Crime

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Crime Insurance protects businesses from loss of money, securities, or inventory resulting from a crime. Crimes may result out of embezzlement, forgery, robbery, safe burglary, employee fraudulence, fraudulent fund transfers, counterfeiting, computer fraud, or other criminal acts.

These crimes often take advantage of weaknesses in your company’s controls. From fictitious accounts payable, non-existent vendors to utter theft of money and property; studies show that workplace fraud is on the rise and can be expected in even the best work conditions.

Two categories of crime insurance liability are usually found, although our agents may combine coverage to find the best protection for your business:

Money and Security Coverage pays for money and securities taken by robbery, theft, burglary, disappearance or destruction.
Employee Dishonesty Coverage pays for losses incurred by dishonest acts of employees, such as embezzlement or theft