What Are the Key Differences Between Beazley and The Hartford Crime Insurance?
Standalone Policy Versus Private Choice Package
Beazley offers standalone Commercial Crime, advertises limits up to $25 million and markets the product to ordinary commercial businesses, not banks. The Hartford includes crime among the five options in Private Choice Premier for nonprofits, privately held companies and publicly traded companies; it offers separate bond and commercial-crime coverage on its financial-institutions track. Choose Beazley if you need a standalone crime policy with a published maximum; choose The Hartford if your company fits one of its named buyer groups and wants crime in Private Choice Premier. [1] [4]
How Much the Public Pages Specify
Beazley advertises limits of up to US $25,000,000 and lists employee theft of money and securities, forgery, on-premises and in-transit loss, computer fraud, client-property loss, credit-card fraud and fraudulent-instruction cover conditioned on out-of-band authentication. The Hartford says crime insurance helps cover business-related crimes like employee theft, forgery or robbery, giving as an example an employee stealing money from a cash register. The Hartford’s reviewed management-liability materials do not publish a crime dollar limit in the extracted claims. [1] [4]
What Should You Confirm in Beazley and The Hartford Crime Insurance Quotes?
- Ask The Hartford whether crime is inside Private Choice Premier or on the financial-institutions bond and commercial-crime track. [4]
- Ask Beazley for the bound limit versus $25 million advertised and whether you belong on Financial Fidelity Bonds. [1]
- Confirm whether social-engineering, computer fraud and client-property loss, which Beazley lists, appear on The Hartford form beyond employee theft, forgery or robbery. [1] [4]
- Get the writing company and retention from both quotes. [1] [4]