What Are the Key Differences Between AIG and CFC Crime Insurance?
AIG describes crime as a separate insurance product; CFC includes its US crime cover inside a Management Liability package.
AIG describes Crime Insurance as a risk-bearing product and links a CrimeGuard Choice sample policy. CFC’s reviewed US materials place crime inside a Management Liability package rather than as standalone cover, with company-crime protection for employee theft, funds-transfer fraud, and credit-card and currency fraud. A buyer wanting crime without the broader management-liability package should ask CFC whether another product applies; the cited package does not answer that. [1] [6]
AIG markets crime insurance for commercial and governmental entities. CFC lists employee theft and funds-transfer fraud in crime coverage within its management-liability package.
Crime triggers and claims intake [1] [3]
What Should You Confirm in AIG and CFC Crime Insurance Quotes?
- AIG describes possible loss of money and securities through dishonesty, theft, and fraud. CFC also lists client crime and on/off-premises theft, and provides phone, email, and online claim notification with a dedicated adjuster managing the claim through resolution. Those details affect whose property and acts may be covered and how a loss is reported. Compare policy definitions and exclusions, not just the shared label “crime.” [1]
- Ask AIG which employee, client, and funds-transfer scenarios are covered in the proposed form. [6]