Commercial Crime Insurance is a policy designed to protect businesses from financial losses arising due to criminal acts committed by employees, outsiders, or third parties. These crimes directly impact a company’s money, securities, and other valuable assets, and are often not covered under standard property or liability insurance.

What it covers:

• Employee Dishonesty: Losses caused by theft, embezzlement, or fraud committed by employees.

• Forgery & Alteration: Financial loss due to forged cheques, drafts, or altered financial instruments.

• Computer & Cyber Fraud: Losses from unauthorised electronic fund transfers, hacking, or digital manipulation of accounts.

• Third-Party Theft & Fraud: Crimes committed by customers, vendors, or other external parties.

• Funds in Transit: Loss of cash or valuables while being transported.

• Counterfeit Currency: Acceptance of fake notes during business transactions.

Why it’s important

In today’s digital and fast-moving business environment, crimes like fraud and cyber theft are increasing and can cause severe financial strain. Commercial Crime Insurance helps businesses recover these direct financial losses, ensuring cash flow stability and protecting the company’s balance sheet.

Who should consider it

• Small and large businesses handling cash or digital transactions

• Companies with multiple employees managing finances

• Firms exposed to online payments and electronic transfers

• Retailers, corporates, financial institutions, and service providers

Commercial Crime Insurance acts as a financial safety net, shielding businesses from unexpected losses due to criminal acts and helping them continue operations without major disruption.