The policy provides coverage for:
Loss of money, securities or other assets your business faces as a result of employee theft, computer fraud, forgery, fraudulent funds transfer, non-payment of money orders or counterfeit paper currency, and corporate credit card forgery
Loss of money, securities or other assets your client suffers at the hands of a dishonest employee you send to work on the client’s premises
Loss of employee benefit plan assets
Personal identity theft event coverage provides your employees with identity theft recovery services, including a comprehensive identity theft recovery kit, to help guide them through the process of restoring their personal identity if they become a victim. The policy will also cover expenses, such as credit rating monitoring, to help your employees mitigate damages if their personal identity is compromised. You also benefit by providing these services to your employees, since employees will request less time off from work to restore their identity.
Optional Corporate Identity ProtectionSM (CIP) extends CrimeGuard Choice to defray the substantial expenses your company can face when your computer system security is breached, putting personal or confidential information of your customers, employees or others at risk. CIP includes not only restoration services and costs for victims whose personal information is compromised, but also protects against the extensive expenses your company can incur from the breach, such as the costs to notify victims in accordance with state regulations and to obtain legal counsel to help navigate the restoration process.