Third Party Crime Insurance policy
Secure yourself from any fraudulent,
dishonest or criminal acts
committed by Employees
Don't let corporate fraud impact you
About the Policy
The Third Party Crime Insurance policy, indemnifies the Insured for its loss sustained in respect of any fraudulent, dishonest or criminal acts committed by its Employees (whether acting alone or in collusion with others) in the course of the Insured’s provision of its professional services to such Clients.
Important details
Features
The policy indemnifies the insured against but not limited to:
- A broad definition of employee including cover for part time, temporary employees, Students and Volunteer.
- Cover in respect of property belonging to any other individual or organisation, but which is in the care custody or control of the insured.
- Cover to indemnify the insured for reasonable legal fees, costs and expenses incurred and paid by the insured in the defence of any demand, claim, suit or legal proceeding.
Refer to the policy wordings for further details.
Exclusions
- Consequential Loss
- Credit Risks
- Directors/Partners
- Employee Acts
- Extortion or Kidnap and Ransom
- Fees, Costs and Expenses
- Fines, Penalties or Damages
- Fire
- Loss Sustained after Knowledge
Refer to the policy wordings for further details.
