Crime related losses are not typically covered by most property insurance policies, so a crime policy is necessary.
Crime insurance protects businesses from loss of money, securities, or inventory resulting from crime. Common claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, counterfeiting, and other criminal acts.
Any business owner needs to be concerned with employee dishonesty coverage. Businesses that handle cash and/or securities need crime insurance.