KANE Insurance Brokerage Services, LLC
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Crime / Fidelity Insurance
Copyright Kane Insurance Brokerage Services, LLC - All Rights Reserved 2007 / PRIVACY
Fidelity/Crime Insurance insurance protects organizations from loss of money, securities,
or inventory resulting from crime. Common Fidelity/Crime insurance claims allege
employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire
transfer fraud, counterfeiting, and other criminal acts.
These schemes involve every possible angle, taking advantage of any potential weakness
in your company’s financial controls. From fictitious employees, dummy accounts payable,
non-existent suppliers to outright theft of money, securities and property. Fraud and
embezzlement in the workplace is on the rise, occurring in even the best work
environments.
Liabilities covered by crime insurance usually fall into two categories, although many
polices combine both types of coverage: money and security coverage pays for money and
securities taken by burglary, robbery, theft, disappearance and destruction; employee
dishonesty coverage pays for losses caused by most dishonest acts of your employees,
such as embezzlement and theft.
Call 631-259-6157 with questions or send a completed copy of the following application to
kane_michaelk@kibservices.com or by fax 631-204-6630 to begin the marketing a proper
and cost efficient Commercial Fidelity / Crime Insurance program for your business:
Typical Fidelity/Crime Insurance coverage highlights include comprehensive coverage for:
Employee theft
Money and securities while on premises or in transit
Forgery
Funds transfer fraud
Computer fraud - Computer Fraud covers the fraudulent transfer
of money, securities and other property from any computer inside your
premises or a banking premises to somewhere else outside of either
premises. For example, your salesperson was staying in a hotel in
Peking (where the employee was conducting business from a rented
hotel room) and someone broke in and used the salesperson's laptop to
transfer funds to his/her account; this too would be covered.
Money order and counterfeit currency fraud
Credit card fraud
Optional client coverage
Coverage for investigative costs for covered losses
Responds to Employee Retirement Income Security Act of 1974
(ERISA)plan bonding requirement.
Broad definition of employee, including directors and officers
employees, incl. part-time, leased, temporary, and seasonal employees
volunteers.
We are a Socially, Environmentally and Physically Conscience Company
New York, NY Westhampton Beach, NY
212-784-6199 631-259-6157