Employee Dishonesty

Employee Dishonest is commercial crime insurance to cover the loss of money, securities, and other covered property because of any dishonest act of a covered employee or employees.

This type of coverage is covered under the Crime section of the commercial general liability policy. The usual minimum coverage is $5,000 and can be increased to suit your needs. It is important to remember that a criminal or deliberate act would be excluded from the policy coverage so you must purchase this extra coverage if there is a potential risk of a loss.

Another area for you to consider is Management Liability. If your employees might be dishonest then you could find yourself having to fire this person. Now you could find yourself before the Human Rights Commission under a wrongful dismissal. Talk to your agent or broker. Control your insurance.

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