Which type of insurance covers employee dishonesty and theft?

• A. Commercial General Liability
• B. Commercial Property Insurance
• C. Workers Compensation
• D. Commercial Crime Insurance

Answer: (D)

Commercial Crime Insurance is designed specifically to protect businesses against financial losses caused by criminal acts such as employee dishonesty, theft, and fraud. This type of insurance provides coverage for various risk factors, including theft of money, securities, or property by employees or third parties. It is particularly important for businesses that handle large amounts of cash or valuable property, as it can offer significant financial protection against unexpected losses due to dishonest actions.

The other options do not provide the same specific coverage for employee theft and dishonesty. Commercial General Liability focuses primarily on bodily injury and property damage claims that arise from business operations, while Commercial Property Insurance covers damage to physical property due to events like fire or vandalism, rather than theft or dishonesty. Workers Compensation specifically provides benefits to employees injured in the workplace, which does not encompass theft or dishonesty-related risks. Thus, Commercial Crime Insurance is the correct choice for coverage against employee dishonesty and theft.