Crime insurance is important because it protects businesses from financial losses caused by dishonest or criminal acts, whether committed by employees or outsiders. It covers common risks like theft, embezzlement, forgery, robbery, and even modern threats such as funds transfer or cyber fraud — which are usually not covered by standard property or liability insurance.
This protection is vital for maintaining financial stability and business continuity after a loss. It also helps build trust with clients and partners, showing that the company takes security and risk management seriously. In short, crime insurance fills a critical gap by safeguarding a company’s money, assets, and reputation from both internal and external crimes.
© CBJ NOVUS All Right ReservedBy WeDo
