Georgia Crime Insurance: Does your business or nonprofit need it?We all wish crime wasn’t existent in our world, but unfortunately that is not the case. We can’t help that it happens, but we can do our best to protect ourselves from it. In a business context, the best approach is to get crime protection. Unfortunately, employee dishonesty is more common than you would hope. When all different little dishonest acts add up it can lead to a bigger scam that can easily go past the basic Employee Dishonesty Insurance limits. A big issue is that many businesses are underinsured because they don’t think it is going to be an issue.

Wondering how much exactly you need so you’re not underinsured in crime protection? A general rule of thumb is that you should insure against Employee Dishonesty for up to 5% of your organizations net assets. This depends on how strong your internal control and safeguards are. Make sure you analyze all different places that employee dishonesty could come up so you make sure you get the coverage you need!

“The Top 10 Nonprofit Insurance Mistakes and How To Avoid Them.” (n.d.): 2-3. Frank Crystal and Company, 2012. Web. 22 July 2015. <>.