EMPLOYEE DISHONESTY INSURANCE
Employee Dishonesty Insurance
It happens, over many different names – misappropriation, shrinkage, embezzlement, theft.
That leads to other terms – larceny, crime, arrest and often disappointment
Employee theft is estimated to be in excess of $40,000,000,000 a year. Depending on the industry, shrinkage and theft can take 2 to 7% of your bottom line.
Suspects can include:
Employees- Ex-employees
- Part-time and seasonal employees
- Management, directors and officers
- Independent contractors
- Partners, trustees, members and volunteers
What is employee dishonesty insurance?
An employee dishonesty insurance policy protects you from financial loss due to employee theft of money, securities, or property, including:
- Embezzlement
- Shoplifting
- Forgery
- Data theft
- Employee dishonesty bond
- Fake invoices and check tampering
- Fraudulent fund transfers
- Fidelity bond
- Vendor kickbacks
- Credit card fraud
- Crime fidelity insurance
- Tangible property