What Are the Key Differences Between CFC and The Hartford Crime Insurance?
Management-Liability Package Versus Private Choice and Bank Tracks
CFC includes crime in US Management Liability but declines California-domiciled and U.S. public companies. The Hartford offers crime in Private Choice Premier for private companies, publicly traded companies and nonprofits, plus separate commercial-crime and bond options for financial institutions. Choose The Hartford if you are a public company or nonprofit seeking a management-liability package, or a financial institution needing its separate track; choose CFC if you meet its company eligibility and want crime within US Management Liability. [5] [8]
How Each Describes the Cover
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. CFC’s brochure lists employee theft, funds-transfer fraud, credit-card and currency fraud, client crime, and on- or off-premises theft, and separately sells crime inside a fintech package. [8] [5] [3]
Claims and Limits on the Reviewed Pages
CFC provides a US claim-notification route and a dedicated claims adjuster. CFC’s brochure does not publish a dollar limit or retention for crime. The Hartford’s reviewed management-liability page does not publish crime limits either. CFC’s regulatory page does not name the issuer for a given US crime policy. [2] [5] [6] [8]
What Should You Confirm in CFC and The Hartford Crime Insurance Quotes?
- Ask The Hartford whether crime is inside Private Choice Premier or the financial-institutions bond and commercial crime track. [8]
- Ask CFC whether a public company or California-domiciled business is declined, and whether crime is the management or fintech package. [5] [3]
- Get crime limits, retentions and issuing entities from both. [5] [6] [8]
- Confirm whether The Hartford’s cash-register-style employee theft example matches the funds-transfer and client-crime exposures you need. [8] [5]