Crime insurance* covers financial loss which the insured has sustained directly as a result of dishonest or fraudulent acts of any person.
A crime policy has several optional sections, which depend on the exposures a business wishes to insure. The primary section is the fidelity section, which covers direct loss arising out of the dishonest or fraudulent acts of employees of the insured corporation.
Cover for direct financial loss resulting from computer related crime is also available under a crime policy, in addition to cover for a broad range of exposures which financial institutions and financial service providers might need to insure.
*These product descriptions are summaries only. Cover is subject to the terms and conditions of each policy.