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(1) Money and Securities against a wide range of perils (not limited to crime perils, and
(2) Property other than Money and Securities against various Crime Perils, such as Employee Dishonesty, Burglary, Robbery, Theft and Extortion.
In General, Commercial Crime Insurance covers property and perils that are not covered by most Commercial Property Policies. For example, Money and Securities are generally excluded types of Property, and Employee Dishonesty is almost always an excluded cause of loss in Commercial Property Insurance policies. Various Commercial crime coverages are available to Insure.
About the Author: Ahsan Bashir is an experienced Tax Consultant based in Irving, Texas, with over 25 years of expertise spanning Taxation, Accounting, Business Lending and Mortgage, Risk Management, Business Insurance, and Business Consulting. Through his firm, Z-Tax & Accounting, he provides comprehensive financial services including Individual and Business Tax Preparation, Bookkeeping, Payroll Processing, and Business Consulting. As an Enrolled Agent authorized to practice before the Internal Revenue Service (IRS), and an IRS Certifying Acceptance Agent (CAA), Ahsan Bashir delivers trusted, professional solutions tailored to the unique needs of both individuals and businesses.
NMLS: 1965714, NPN: 7702637, PTIN: P01280330, TX Online SOS Notary ID: 126282896