Crime and Fidelity Insurance Program
The median loss for occupational fraud in the United States is $120,000.1
ISO’s Crime and Fidelity Insurance Program provides standardized ISO policy forms and endorsements, manual rules, advisory loss costs, and related information to help protect businesses and government entities against:
- employee theft and forgery
- burglary
- other workplace crimes
In addition, ISO’s Crime and Fidelity Insurance Program provides kidnap/ransom and extortion (KR&E) policy language, rules, forms, and advisory loss costs. The policy covers various perils, including:
- KR&E – direct loss
- KR&E – expense incurred
- detention or hijack
- in-transit delivery of property
1. The 2016 ACFE Report to the Nations on Occupational Fraud and Abuse