Employee fraud is at an all time high in South Africa and in many other territories around the world. Business owners need to manage their risks associated with commercial crime but should also seek to protect their businesses by way of commercial crime insurance.
These policies respond to:
- Dishonest, fraudulent or criminal acts of any employee which resulted in insured’s loss or improper personal gain of said employee
- Physical loss of, or damage to property
- Theft of funds from the insured’s transfer account at a financial institution
- Theft of property by computer fraud
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