This insurance provides cover for any financial loss that you or your clients suffer due to fraud or a malicious act originating from within or outside your company. Crime insurance covers the financial losses you suffer due to a fraudulent or malicious act committed by an employee or third party. Some examples:
- Breach of trust, meaning asset misappropriation or embezzlement
- Swindling, meaning dishonesty in order to acquire assets, money or shares
- Falsehoods and use of falsehoods, meaning the fraudulent alteration of the truth resulting in damages
- Forgery and falsifying cheques