What Are the Key Differences Between CFC and Chubb Crime Insurance?
Package Eligibility and Digital Binding
CFC includes crime in US Management Liability and lists California-domiciled and U.S. publicly traded companies among declined risks. Chubb includes crime in ForeFront Portfolio, available for digital quoting, binding and issuance to organizations targeting fewer than 250 employees and less than $50 million in revenue. Choose CFC if your company is neither California-domiciled nor publicly traded and you want crime bundled with management liability; choose Chubb if you fit its size target and want to bind online. [5] [8]
What Each List Includes
CFC’s brochure describes company crime (employee theft, funds-transfer fraud, credit-card and currency fraud) plus client crime and on- or off-premises theft, and separately sells crime for employee infidelity and third-party fraud inside a fintech package. Chubb lists social-engineering fraud, employee theft including temporary and contracted workers, client theft of a client’s money or property by an employee, and funds-transfer fraud unreimbursed by the insured’s bank. [5] [3] [9]
How You Buy and What Limits Are Published
Chubb makes ForeFront, including Crime, available on Chubb Marketplace for quoting, binding and issuing digitally. CFC’s reviewed pages describe the package offering and a US claim-notification route, not a named digital marketplace for this line. Neither CFC’s brochure nor Chubb’s product sheet publishes specific crime limits or retentions. [8] [5] [2] [9]
What Should You Confirm in CFC and Chubb Crime Insurance Quotes?
- Ask CFC whether crime sits in the management package or the fintech package, and whether California domicile or public-company status blocks the quote. [5] [3]
- Confirm you fit Chubb Marketplace’s ForeFront size band (under 250 employees and $50 million revenue). [8]
- Get CFC’s issuing syndicate or carrier; Chubb’s sheet already names ACE American and affiliates. [6] [9]
- Ask both for crime limits and retentions; neither reviewed product sheet publishes them. [5] [9]