Ultimate crime insurance risk management for property managers
A robust crime insurance policy for property managers typically includes several key components:
- Employee Dishonesty Coverage: Protects against financial losses caused by fraudulent acts committed by employees, such as embezzlement or theft.
- Forgery or Alteration Coverage: Covers losses from forged checks or altered financial documents.
- Cybercrime Coverage: With the rise of digital transactions, this coverage protects against losses from cyber-attacks and data breaches.
- Third-Party Coverage: Extends protection to include crimes committed by external parties, such as burglary or vandalism.