Burglary, Theft, Fidelity and Crime

There are key differences in these policies for which specific insurance should be considered

Burglary and Theft

Burglary is defined as violent and forcible entry as per the Indian Penal Code Theft is a more generic term in which the person intentionally and fraudulently takes the property of another without permission or consent.

Crime

This is a comprehensive coverage available for employees as well as third party against employee theft, forgery, frauds related to information technology and funds transfer

Fidelity Guarantee

This policy keeps the company indemnified against acts of dishonesty by staff members. It is normally taken on an unnamed basis providing coverage to an organization covering acts of infidelity.