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.

McGuire & Russell Insurance Services, 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 McGuire & Russell business insurance specialist today to obtain the security your company vitally needs.