Has your company thought about getting commercial fidelity insurance and commercial crime insurance? Unfortunately, the risk of crime is present in just about every workplace, and criminal actions could cost your company significant damages if they do occur. Here are the top reasons to consider protecting your company with commercial crime and fidelity insurance.
It Helps Protect Your Company Against Several Workplace Risks
Commercial fidelity and crime coverage helps keep your company protected in the event of common workplace risks. These risks can range from petty crime to serious legal violations. Consider finding a policy that covers:
- Employee theft
- Currency counterfeiting
- Wire fraud
- Robbery and burglary
- Client property theft
It Provides You and Your Clients Financial Peace of Mind
When you have commercial crime insurance in place, both you and your clients can rest easy that you have an essential safety net in place. Without insurance, you may be on the hook for any legal fees and associated expenses, and may need to pay out of pocket for any replacements needed. Additionally, a lack of insurance could harm your company’s professional image. On the other hand, crime insurance could help offset:
- Lost assets and securities
- Lost income
- Damaged professional reputations
Whatever industry your company operates in, the risk of various types of crime is likely to be present. For that reason, you may want to consider securing commercial fidelity insurance and commercial crime insurance as soon as possible.