What does it cover?
Employee dishonesty, forgery or alteration, theft of money and securities, burglary or robbery, computer fraud
Protects a business from losses due to third party fraud or employee fidelity.
How is premium cost dervied?
Number of employees, revenue, office security and type of products kept in store.
An electronic store employee is stealing phones from the store storage room and selling the phones online. The employee has stolen over 150 phones and profited over $15,000.