Cyber Fraud and Cyber Crime

Commercial Insurance -Liability Insurance -Commercial Crime Insurance – EMPLOYEE FIDELITY

Employee Fidelity Cover

Commercial Crime insurance protects the business against the claims arising due to employee fidelity or dishonesty. For instance, the company will be covered if any of its employees steals cash from the office.

Blanket Policy

Commercial Crime policy offers coverage for all full-time and part-time employees. It also covers contractual workers and volunteers who may be vulnerable to fraud, dishonesty or theft.

Transit Cover

Losses sustained due to destruction, theft or wrongful abstraction of money and securities outside your business premises by a third party are covered by Commercial Crime Liability insurance.

Affordable Cost

Commercial Crime insurance provides coverage for a wide range of business risks at a very cost-effective price. There is also an option to include extensions to your policy to enhance your coverage.

Wide Range of Risk Covered

• Commercial Crime liability policy provides a wide range of coverage by protecting your business from employee dishonesty, fraud, theft, burglary, cyber fraud, robbery, forgery and losses due to these activities.
• Financial Losses to business due to third-party fraud is also covered under this insurance.
• The policy will also pay for the loss of money and securities in transit outside the insured’s premises.

Additional Extensions Available

• Commercial Crime insurance comes with many add-ons like computer fraud cover, in-transit cash and valuables cover, and coverage for client’s expectation damages, which can be included by paying an extra premium.
• The policy can also be extended to cover any financial loss due to cybercriminal activities committed by an employee.
• Coverage of additional items such as expense for additional workforce, transportation of documents, rent of temporary premises and offices can be introduced.

All Legal Costs Covered

• A Commercial Crime Liability policy indemnifies you from all investigation costs and other legal costs incurred due to loss from an employee or third party, hence protecting your business financially.
• An expense incurred due to computer violation is also taken care of by the policy.
• Crime losses not only cost you money but also precious time. This policy will help you focus these resources for growing your business.