Commercial Crime Insurance

Insurance to cover losses due to victimization by criminals. It’s also called “fidelity insurance.” Many businesses purchase crime insurance that allows them to file claims for employee theft or other offenses with the potential to cause financial ruin.

Crime insurance pays when an organization suffers a loss from things like:/Embezzlement/ theft/ forgery/ computer fraud/ counterfeiting/ breaking into a safe/ general crime and dishonesty/ Some organizations buy crime insurance instead of a surety bond.