Three Ways to Insure Your Business Against Crime

Burglar opening a drawer in the office at night using a crowbar he is stealing confidential data and information data theft and security concept

Crime insurance is an important method of protection for any business, as loss prevention techniques are often not enough. This insurance will ensure that your business is protected from employee dishonesty, robbery, as well as issues concerning forgery and alteration.

If you own your own company, there are many things that you need to consider to ensure that business runs smoothly at all times. Loss prevention is important to consider in any workplace, but even the best plans may fall short of actually preventing theft and damages. Even the most sophisticated loss prevention techniques cannot eliminate all potential threats. This is why it is important to have some form of crime insurance in place, protecting your business from any future crime losses. There are many forms of coverage, and three ways to ensure that your business is protected are outlined below.

Employee Dishonesty Coverage

As much as any business owner doesn’t want to think about their employees committing crimes against the company, it is a very real possibility that you should be protected against. Employee dishonesty coverage is one form of crime insurance that benefits any business. With this form of crime insurance in place, you are at least prepared in the event that something does happen. Employee dishonesty often involves the theft of company money, inventory or other assets, but also includes any other forms of financial fraud or corruption. It is important to take loss prevention seriously and stress its importance in the workplace. However, in the event that the techniques in place do not effectively put an end to employee dishonesty, crime insurance coverage will protect your business from these losses.

Protection Against Robbery

Theft through robbery is a real concern for every kind of business. If you are in the business of selling specific products, it is necessary for your company to retain its inventory and meet the sales goals necessary to keep your business running smoothly. After all, a fashion retail store runs the risk of dealing with costly losses if the merchandise that you are trying to sell has been stolen from you.

Robbery is also a great concern for offices and other kinds of businesses that are full of various pieces of expensive equipment that can be stolen or damaged during a break in. Many companies also retain sensitive client information that must be protected, which is why crime insurance is so important when dealing with the aftermath of a robbery.

Forgery and Alteration Coverage

Forgery is a widespread issue that not only affects businesses, but individuals as well. Identity theft on an individual scale can be debilitating for the person involved and is often difficult to rectify in a timely manner. Similarly, forgery and alteration can be a difficult issue for a business to deal with, as it may take time and further investigation to explore the extent of the theft reported. Cases involving information that has been forged or altered for financial gain can be difficult for a company to navigate alone. Tracing transactions back to determine which of these past transactions were legitimate and which were falsified can be a tedious and lengthy process. Crime insurance enables businesses to rectify these situations swiftly and with as little hassle as possible.

Providing Peace of Mind

Having been established in 1936, Sadler Insurance has the experience necessary to serve your insurance needs. We are not your average insurance brokerage, as we believe in building relationships with our clients and our insurance partners. We serve all Albertans, aiming to make the “fine print” clear for you, so your insurance choices don’t seem too overwhelming. If you have any questions regarding protecting your business against crime, or any other insurance-related concerns, please do not hesitate to contact us.

Our team of Edmonton insurance brokers is ready to serve you via email at or by phone at (780) 433-4426. We will show you why your best insurance is an insurance broker.