When Good Employees Go Bad: Crime Insurance For Employee Dishonesty & Fraud
- Topics:
- Enterprise Risk Management,
- Property
- Tags:
- Business Operations,
- Corporate Insurance,
- Employee,
- Finance,
- Financial Planning,
- Fraud,
- Insurance,
- Litigation
- Source:
- Wells Publishing
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Overview: Article describes instances in which employees were either convicted or charged with committing crimes against their employers. Protection for certain fraudulent acts of non-employees, various illegal actions of an insured's directors or officers, and the failure of public officials to faithfully perform their official duties may be written into policies. Article asserts that when an employee steals money from their company, regardless of how they do it, that's an employee theft. So it doesn't really make a difference whether or not they use electronic means or they just physically stole the money. That would normally be covered under an employee theft cover. Have deep look in the article to know the detail.
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Format: HTML | Date: Jan 2002 | Pages: 1
