Employee Dishonesty

Embezzlement by an employee is not an every day occurrence . . . in fact, it is rare.  When it occurs, it can be disastrous to your business.  The catastrophic losses are usually committed by a very trusted employee who steals relatively small amounts consistently over a long period of time.  Recently an organization we were associated with discovered their Executive Director had been taking funds for twelve years.  Fortunately, they had purchased $500,000 of employee dishonesty coverage.  They needed it! 

This is an essential coverage for you to have.  It can be written on a blanket basis covering all of your employees at a relatively inexpensive cost.  Let us give you a proposal.  Check out our “Honesty Insurance Coverage Formula” form on our Forms page to help you figure out an amount of insurance.

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