Crime Insurance Products

Compare 274 products offered for Crime Insurance from 82 companies including STARR Companies, Berkshire Hathaway Specialty Insurance, and Economical Insurance.

Our Insurance Comparison Tool allows you to pick the best Crime Liability policy by comparing every plan offered by Canada's leading insurance providers. The Frequently Asked Questions can help you see if this coverage area is right for you.

Compare Crime Insurance Policies

Products 1 to 10 of 274
Product name Max Coverage Min Premium Exclusions
Cannasure by Cansure Max Coverage N/A Min Premium N/A
  • health hazard
  • unlicensed drugs


more details
Identity Theft by Aviva Canada Max Coverage CA$30K Min Premium CA$30


more details
Crime Shield Plus by The Guarantee Company of North America Max Coverage CA$25M Min Premium N/A


more details
Commercial Crime by ENCON Group Max Coverage N/A Min Premium CA$1K


more details
Crime and Fidelity by Beazley Canada Max Coverage CA$10M Min Premium N/A


more details
Crime / Fidelity by QBE Max Coverage CA$25M Min Premium N/A


more details
Crime and Fidelity by STARR Companies Max Coverage CA$25M Min Premium N/A


more details
Commercial Crime by Zurich Canada Max Coverage CA$25M Min Premium N/A


more details
Crime Protection by Berkshire Hathaway Specialty Insurance Max Coverage N/A Min Premium N/A


more details
Fidelity / Crime by Liberty Mutual Canada Max Coverage CA$25M Min Premium N/A
  • faith-based or religious organizations
  • forwarders or logisticians specializing only in high valued good or specie
  • security companies


more details

 

Frequently Asked Questions

(click to expand)

What Is Crime Insurance?

Also known as Commercial Crime, Employee Dishonesty or Employee Infidelity, Crime insurance covers businesses and organizations from financial losses incurred from various acts of theft, forgery, and fraudulent activities.

Additionally, Crime insurance can also provide protection in the event of a non-material loss that cannot be replaced – confidential business information, or records stored on a stolen business computer.

Who Needs Crime Insurance?

Any company that has employees handling confidential and financial information should purchase Crime insurance, especially as criminal acts from employees, vendors or third parties are not necessarily covered by a Commercial General Liability insurance policy.

While a business of any size would benefit from a Crime insurance policy, small businesses are particularly at risk as they may lack the security and resources of larger firms.

What Does Crime Insurance Cover?

Crime insurance provides cover for employee fraud, dishonesty and fraudulent acts committed by third parties.

Particular fraudulent acts covered include
  • employee theft and/or dishonesty
  • theft of clients’ property
  • vendor theft
  • forgery and/or alterations
  • money and securities
  • counterfeit currency
  • identity fraud
  • telephone toll fraud
  • social engineering
  • third party computer and funds transfer fraud
  • payments of loss investigation fees

What Is Not Included In Crime Insurance?

Unlike most other insurance policies, Crime insurance is designed to cover gaps such as intentional and illegal acts – as long as they are performed by an employee of the company in a financial capacity and not the policyholder.

In the context of Crime insurance, ‘crime’ refers to theft and forgery, rather than workplace acts of violence. Some Crime insurance packages may include things such as Kidnap and Ransom, but generally non-material losses caused by external events like war or destruction by the authorities are not included.

How Much Does Crime Insurance Cost?

A Crime insurance policy will be calculated depending on the following:
  • size of the company
  • number of employees
  • company revenue
  • security systems
  • valuable contents

A fidelity bond to cover a criminal act will be determined by how much a company can afford to lose.

We spoke to Patrick Bourk, National Practice Leader at Integro, about when it would be appropriate for a company to have a stand-alone Crime package.