Crime insurance

In practiceA bookkeeper quietly siphons funds over months, and employee-theft coverage helps recover the loss once it's uncovered.

Not coveredA loss you can't document or that falls outside the discovery period may not be paid.

In practiceA forged cheque or a faked invoice drains an account, and forgery and fraud coverage responds.

In practiceCash or securities are stolen from the premises or in transit to the bank, and this covers the money itself.

Not coveredAmounts above the stated money limit, and unexplained inventory shortages, aren't covered.

In practiceA scammer tricks a staff member into wiring funds, and computer and wire-fraud coverage helps with the loss.