What does Crime Insurance mean? Read on to discover the definition & meaning of the term Crime Insurance - to help you better understand the language used in insurance policies.
Crime insurance is a form of risk management that protects a business from the loss of property, money, or merchandise business-related crimes may cause. It allows the company to file claims following the occurrence of criminal offenses that have the potential to ruin the business financially, such as securities theft, robbery, embezzlement, forgery, or other similar crimes.
We hope the you have a better understanding of the meaning of Crime Insurance.