Crime Insurance

Crime Insurance: General Business / Professional Property Insurance Supplement, Internal / External Loss Liability Protection, Indianapolis

Criminal activities can have catastrophic effects on employees, property and the economic survival of businesses of all sizes.

Russell Benefit Consulting, centrally located in Indianapolis, Indiana, can design a Crime Insurance program to help your company be better prepared to manage losses that result from criminal activity.

Crime Insurance is a necessary component of any business's property & casualty portfolio. In most cases, crime-related losses, whether due to external or internal sources, are not covered by a business's general property insurance.

Do Not Become a Victim Twice

Many businesses make the mistake of not purchasing enough crime insurance to protect against potentially devastating loss liabilities from a wide variety of crimes, including:

Crime Insurances Protects Against Common Liabilities

Two types of Crime Insurance exist to protect your business from the most common crime-related liabilities. While they can be purchased separately, many plans include both types of coverage:

• Money and Security Coverage – repays monies, inventory, and/or securities lost due to a variety of crimes, including:
  • Burglary
  • Robbery
  • Theft
  • Disappearance
  • Destruction of Property
• Employee Dishonesty Coverage – covers losses from employee acts, such as embezzlement and internal theft

The average U.S. business loses up to 6 percent of its total annual income to employee theft. For larger companies, this can mean losses of hundreds of thousands of dollars a year.

You can protect your business and its assets from potentially crippling crimes. Contact a Russell Benefit Consulting business insurance specialist today to obtain the security your company vitally needs.