How does Crime and Fidelity Coverage offer your Company a Safety Net?

As indicated by the 2016 Report to the Nations on Occupational Fraud and Abuse, the typical organization loses 5% of their total revenue per year as a result of fraud, totaling over $6.3 billion in 2016 alone. With statistics like that, it’s critical to ensure your telecommunications company is adequately protected from crime and theft with crime and fidelity coverage.

You may think that your company has taken the appropriate measures to prevent crime and fraud by retaining trusted employees and implementing risk management controls, but fraud can happen to any organization – big or small – at any time.
Fidelity coverage offers your company protection from a variety of internal threats, including:

• Loss due to employee dishonesty
• Credit card forgery
• Disappearance of property

In addition to fidelity coverage, crime insurance offers protection for an even wider range of issues, including:

• Computer fraud or theft
• Disappearance of property
• Destruction of property
• Theft
• Forgery or alteration of company documentation
• Robbery and burglary

Instilling trust and promoting harmony between employees is an effective strategy for keeping problems to a minimum, but sometimes things happen due to a disagreement or other issue leading an employee to do something negatively impacting the company. Don’t put your communications company and its assets at risk, invest in fidelity and crime insurance and rest assured that you’re protected.
For those working in the telecommunications industry, there is no better solution for coverage than USA Telecom Insurance Services. Our experienced insurance agents can put together a policy that perfectly suits your needs and one that conforms to all telecommunications industry standards. Contact us today at 800-645-8699 with any questions.