Commercial Crime Insurance does not cover property damage, bodily injury, or cyber liability. For instance, if your business experiences a data breach, you would need Cyber Liability Insurance to cover the associated costs and damages.
Related FAQs
To file a claim, contact your insurance provider as soon as the crime is discovered. Provide detailed documentation of the loss, including police reports, financial records, and any other [...]
Yes, many Commercial Crime Insurance policies include coverage for computer fraud and funds transfer fraud, which can protect against losses from online scams and cybercrimes.
Fidelity Bonds are a type of insurance specifically designed to protect against employee dishonesty. Commercial Crime Insurance provides broader coverage, including third-party fraud and cybercrime.
