No organization wants to think about the possibility that its own employees may be stealing from it. However, the unfortunate reality is that employee theft poses a real risk to Canadian companies, and can result in losses in the millions of dollars. In fact, many Canadian organizations report being victims of economic crime each year. Liberty Mutual Canada provides customized crime coverage to help protect Canadian businesses.
Monoline coverage capabilities of up to $25 million
Eleven Insuring Agreements, including Employee Theft of Client Property, Computer Fraud, Data Restoration Coverage and Claims Expense
Automatic Subsidiary coverage with 25% acquisition threshold
Broad definition of Employee – including temporary, permanent, full-time, part-time, seasonal, contractors and more
Worldwide coverage territory
"Social Engineering” coverage options