Crime Insurance

Crime insurance provides protection for businesses against losses from criminal acts committed by employees or third parties. This type of coverage is essential for insurance agencies that handle large amounts of cash, securities, and other valuable assets belonging to clients. Crime insurance can cover losses from employee dishonesty, including theft of money, securities or other property, as well as losses from crimes like computer fraud, forgery, robbery, safe burglary, and counterfeit currency fraud. It can reimburse an agency for funds embezzled by an employee or stolen during a robbery. Crime policies typically include coverage for losses from theft, disappearance, destruction, or unauthorized transfers of money and securities, as well as losses from fraud, forgery, and computer crimes targeting the business. With crime becoming more sophisticated, this insurance provides crucial financial protection for insurance agencies.