What Does Crime and Fidelity Insurance Cover?
You have systems in place to ensure you are hiring the best employees and to track any possible crime. However, no system is perfect and if employee theft occurs, crime insurance coverage will help you get back on track.
Crime and fidelity insurance covers the theft of money, goods, and merchandise during the course of work-related duties on or off company premises. Your crime insurance policy will be fitted to your unique needs, and can include coverage for:
- Loss due to robbery
- Burglary
- Embezzlement
- Fake or padded invoices
- Counterfeiting and forgery
In contrast to employee dishonesty coverage, crime and fidelity insurance also covers theft committed by board and committee members, volunteers, and company officers. This includes coverage for crimes committed by a single person or a group of individuals.
In the event that a trusted individual steals from you, make sure your company can bounce back after the theft. Find a local independent insurance agent to discuss your company’s crime and fidelity insurance needs today. Don’t forget to ask about Selective’s value-added services like PaySync®, Safety Management, and our Mobile App.
For more information on the types of business insurance solutions Selective Insurance offers, visit Insurance Coverages for Your Business.