What Does Commercial Crime Policy Mean?

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What does Commercial Crime Policy mean? Read on to discover the definition & meaning of the term Commercial Crime Policy - to help you better understand the language used in insurance policies.

Commercial Crime Policy

Commercial Crime Policy

A crime insurance policy that is designed to meet the needs of organizations other than financial institutions (such as banks). A commercial crime policy typically provides several different types of crime coverage, such as: employee dishonesty coverage; forgery or alteration coverage; computer fraud coverage; funds transfer fraud coverage; kidnap, ransom, or extortion coverage; money and securities coverage; and money orders and counterfeit money coverage.

We hope the you have a better understanding of the meaning of Commercial Crime Policy.

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