Unfortunately, many companies fail to purchase adequate crime coverage. With embezzlement and fidelity by employees on the rise across the country, companies not prepared with severe safeguards can discover that these frauds have the chance to go on for many years and when they are finally discovered, it can have a severe impact on the company’s finances. In the majority of business insurance policies, there is either an exclusion of coverage or only a nominal amount of coverage for loss of and securities and money as well as employee dishonesty exposures.
In discussing this type of crime coverage with clients and potential clients, we stress that companies need a complete checks and balances approach to its company’s employees to protect their finances. Even the best and loyal employee, what you might even consider family, could turn out to be the one who is stealing from your company. Having an Arizona Fidelity/Crime Insurance Policy should be an important of your insurance plan, and not having one can put your company in potential financial harm.
The experienced and professional brokers at PJO Insurance Brokerage can present your company with an insurance plan to protect your company from Employee Dishonesty, Theft of Money & Securities, Forgery or Alteration, Computer Fraud, or Robbery and Burglary. We look forward to working with your company.