Embezzlement and Fraud can cause serious damage to a business.
Crime insurance is not just for the big companies. Illegal activities of an employee at a small family run business can be devastating. Even as security measures tighten, the computer has opened a new door to fraud. You can protect your business from many types of crime with Commercial Crime insurance. Your Commercial Property insurance may not provide coverage for cash and checks destroyed in a building fire or other disaster. A Commercial Crime Insurance policy will protect your cash from a covered event. If you are looking to protect sensitive client data, cyber liability insurance is a policy you should consider.
Protect Your Resources
Embezzlement and Fraud can cause serious damage to a business that could even lead you to make the difficult decision to close your doors. Time and money are two resources that are better spent on running your business, not working through a loss due to crime. Proper crime insurance could make a difference in your continued success or failure when crime strikes your business. Commercial Crime coverage can be written as part of your Commercial Package Policy or as a separate policy.
VT Commercial Crime Insurance, also known as fidelity insurance, offers you protection against a host of potential fraud possibilities, here are just a few:
- Embezzlement
- Forgery or Alteration
- Corruption
- Check Tampering
- Theft of Money and Securities
- Burglary or Robbery
- Disappearance or Destruction
- Computer or Credit Card Fraud
- Billing Statement and Expense Reimbursement Fraud
How many of the potential crimes is covered depends on how your individual crime policy is written. Be sure to discuss your concerns with your agent.
We understand that you may have questions about the options available. We invite you to speak with one of our commercial insurance specialists. They can walk you through the insurance shopping process and explain how commercial crime insurance can protect your business and you from financial loss.Request a free insurance cost review today!
