COMMERCIAL CRIME INSURANCE

Commercial Crime insurance allows organizations to cover Crime losses by

employees and third parties due to theft, robbery, forgery & Computer fraud.

 Fees , Costs and expenses along with

What is Commercial Crime Insurance?
defence costs
 Coverage for Financial Loss and/or
 Reconstitution Costs
Property Loss
 Money and Securities
 Coverage for Cash & Valuables
 Criminal Damage
 Coverage for the Insured’s Legal Liability
 Theft and robbery
 Fees and Expenses

New Covers from Bajaj Allianz

Extensions to the Commercial Crime
 Additional Costs Up to Full policy Limits
policy  Expectation Damages up to Full policy
 Additional Costs after waiting period of Limits
48 hrs.  Insured’s Legal liability up to Full policy
 Expectation Damages Limits
 Financial Loss as a result of IT Criminal  Broad definitions and maximum
ACT coverage's available in the base wording
 Reconstitution Costs as a result of IT itself
Criminal ACT

Why Bajaj Allianz?

Some exclusions under the Commercial  Inbuilt Coverage for Liquidated damages
Crime Policy  Broad form wording for IT Crime with
 Pollution inclusion of third party
 Kidnap and Ransom 
 Bodily Injury  Specialist Consultant / Auditors Coverage
 War and Terrorism is standard part of wording
 Loss after Discovery  No restrictions on Number of client
locations and employee count
Covers Available in the Market  Foreign Exposures and revenues covered
 Loss due to fraud and dishonesty under standard form