What Insurance Covers Employee Theft and Embezzlement?

Commercial crime or fidelity coverage may pay a business’s direct loss from employee theft, including some embezzlement, if the policy includes that grant.

Those examples do not show whether your quote includes the grant.

Confirm the definition of employee, whether leased or temporary workers qualify, and whether the limit applies per loss. If the employee stole a customer’s property rather than the company’s, ask about a separate customer-property extension.

Updated . Check your quote and policy wording to see how this answer applies to your coverage. See the editorial policy or contact Spot with a correction and supporting source.

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