Fidelity insurance is a provider of insurance products and services. They have been serving North America since 1946, and they began serving the world in 1969. They provide a number of different life insurance benefits to customers around the world. Fidelity insurance is a great company because they help prevent money loss, enhance security, and protect people against crime. In this day and age, we are finding that embezzlement, forgery, robbery, wire transfer fraud, counterfeiting, and other criminal acts are all around and we need to protect our money from the people that are committing these acts. People will do the most despicable things in the name of money. They look at every possible angle and force every potential weakness down the throat of an innocent person. It’s all in the name of money.
The problem with these schemes is that when these criminals are caught, and they always are, they have blown all the money. This is where Fidelity comes in, because they will protect your money once it’s gone. Even in the best environments and work places, embezzlement is on the rise. Fidelity offers a couple of different types of coverages in order to protect their clients. The first one is Money and Security Coverage; this pays for money and securities when it is taken by burglary, disappearance, theft, robbery and destruction. The second one is Employee Dishonesty Coverage; this pays for losses caused by dishonest acts of your employees, this includes embezzlement and theft caused by employees.
Not only do individuals need to be concerned with theft and dishonesty, but businesses do as well. Fidelity is there to protect everybody from these people. Fidelity is unique because most insurance companies do not cover these crime-related losses. It’s a fact that an average United States business can expect to lose 6 percent annually due to employee fraud. This can result in a lot of money, for example, if a company has 40 employees and works 250 workdays a year, this can result in about $100,000 loss annually. This doesn’t even count the bigger crimes such as robbery or burglary. Small businesses are prone to these crimes and will often lose 20 times more than a large corporation.
Fidelity makes it their business to protect their clients from this kind of fraud. It has no business in the work force and has cost a lot of people, a lot of money. The statistics are staggering and businesses are finding that it’s their own employees that are committing these crimes. It’s so prevalent that 80% of all workplace crime is caused by employees. There really isn’t a profile for these crooks; new hires are just as likely to commit a crime as a ten year veteran is.
Fidelity has changed the course of the financial world and is looking to take care of businesses and individuals from crooks out there. You can be assured that when you purchase a policy from Fidelity that they will protect you.
