To help policyholders develop strong proof of loss, many policies offer their clients some coverage to use forensic accounts or lawyers. Marsh Risk Consulting`s accounting and health services practice can help policyholders develop their proof of loss, which could significantly improve the restoration of a business as part of a criminal police. Commercial crime insurance provides protection against financial loss related to business-related offences, including theft of personnel, counterfeiting, theft and electronic crime. While powerful internal protocols can help a company avoid fraud, dishonest employees and external fraudsters can manage the security of even the best-run companies and companies with the most robust controls, resulting in potentially significant financial losses. While personnel remain the main issue for organizations, a criminal policy generally covers losses caused by certain acts committed by non-employees, including: the consequences of any of the above-mentioned crimes can be financially devastating to businesses and result in serious reputational damage, making crime insurance an essential part of a company`s arsenal. In addition, the Employeee Retirement Income Security Act of 1974 (ERISA) requires that anyone managing money from a qualified benefit plan be bound, a characteristic typically contained in a commercial crime directive. Commercial crime policies offer coverage in two scenarios: although policies may vary, the following policies are usually not covered by crime insurance: as a general rule, the insured must send a written notification to the insurer as soon as possible, but no later than 30-60 days after discovery. As a general rule, the insured must provide proof of loss within four to six months of the discovery. Although most insurers are willing to grant extensions for the filing of evidence, the burden of proof to cover damages lies exclusively with the insured. Two cases trigger the discovery of a claim: policyholders must complete a complete application form to help an insurer understand the risks facing the business. This form usually requires that the insured information state on: Coverage for offenses may vary by insurer, but policies generally share the following characteristics:. .