Business crime insurance, also known as commercial crime insurance or fidelity insurance, is a type of insurance coverage that protects businesses against financial losses resulting from various forms of criminal activities. It helps businesses recover from losses caused by employee dishonesty, theft, fraud, forgery, embezzlement, and other criminal acts. Business crime insurance is particularly important for businesses of all sizes, as it provides financial protection and peace of mind against potential losses resulting from criminal activities. However, it’s important to carefully review the terms, conditions, and exclusions of the policy to understand the specific coverage provided. This is why McDowell Insurance is here to help you navigate the options with you.
Coverages for business crime insurance include employee dishonesty, theft by third parties, fraudulent funds transfer, and computer fraud.
