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.
Employee dishonesty insurance coverage protects you from financial loss due to employee theft of money, securities, or property. This includes Crime coverage, Employee dishonesty bond, and Fidelity bond.
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