The
need for crime coverages arose from exclusions found in commercial
property coverage. Commercial property policies cover most
risks of physical loss including theft of merchandise and business
personal property by persons other than the employee. Theft of money,
computer fraud and employee dishonesty are not usually covered
except in minimal amounts. Crime coverage policies fill in
the gaps.
Black Bear will assist you in learning about the
various types of crime policies and will provide premium
indications to let you know if the coverage will fit
your budget needs and is a good value for your business.
The types of crime policies include:
Employee Theft
Forgery or Alteration
Theft of Money and Securities - Inside/Outside premises
Robbery or Safe Burglary of other Property - Inside/Outside
premises
