XL Catlin launches new crime insurance policy in US
Saturday, 09 12 2015, Category: Insurance and Reinsurance, Country: United States
XL Catlin, through its global crime business, has launched a new commercial crime insurance policy in the US, in a bid to allow businesses to recover from the financial backlashes of corporate crime.
The new crime insurance policy provides protection against employee theft, allowing to cover loss or damage due to money, securities and other property.
It is said to offer protection against forgery or alteration of checks, drafts, promissory notes or similar instruments, as well as theft of money and securities on and off premises.
Source: Insurance Business Review