Understanding What is Employee Dishonesty Insurance: A Guide

Employee dishonesty insurance, also known as employee theft insurance or employee dishonesty coverage, is a type of insurance that protects businesses against financial losses caused by criminal acts committed by their employees. This insurance coverage is essential because employee theft and fraud are widespread and costly for businesses. Employee dishonesty coverage protects against theft of money or securities, forgery and alteration of checks or promissory notes, credit card fraud, and embezzlement. There are two types of employee dishonesty insurance policies: loss sustained and discovery base. While employee dishonesty insurance is broad, there are exclusions to consider, such as coverage for

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