Crime Insurance

Often yes, because smaller teams may have fewer checks on who handles money.

Not always. It often requires a specific insuring agreement, which we can help you review.

There is overlap, but crime and cyber address different things. Many businesses carry both. We can explain how they may work together.

Crime is first-party insurance that pays your business for its own loss. A surety bond is a three-party guarantee that protects someone else. A fidelity bond specifically covers employee ...

Report it immediately, because crime policies run on discovery rather than on when the loss happened. Tell us as soon as you suspect it, before the internal investigation is ...

Often not under the agreements businesses assume cover it. Computer fraud generally requires an unauthorised entry into your system, and funds transfer fraud generally requires a transfer instruction your ...

A crime policy is a menu, not a single coverage. The common agreements are employee theft, forgery or alteration of your instruments, and theft of money and securities inside ...

One is, and it catches employers by surprise. Federal law requires that every person who handles funds or other property of an employee benefit plan be bonded. Under ERISA ...

Losses you cannot document, and losses that belong to another policy. Property damage and bodily injury are elsewhere, and a data breach is cyber. Inventory shortages proven only by ...