What Are the Key Differences Between CNA and RiskCube Crime Insurance?
Offering Structure and Distribution
RiskCube says its digital intake takes about ten minutes and that its process aims for vendor-ready proof of coverage in about 24 hours. Those are company-stated process goals across its catalogue, not a guarantee that crime coverage will be quoted, issued or effective on that schedule. CNA’s record says agents use Agent Center but does not describe a crime-specific turnaround. Neither process claim shows policy breadth. [3] [5]
Coverage Detail and Buyer Fit
RiskCube’s company disclosures say it is not an insurer and that third-party carriers issue its policies; the reviewed materials do not identify a crime carrier. Its catalogue calls crime relevant for startups handling client funds or payment data. CNA’s Management Liability page names private and public companies and nonprofits, but that broad audience is not a crime-specific acceptance rule. Verify the proposed insurer, eligibility and wording on both quotes. [3] [4] [5]
What Should You Confirm in CNA and RiskCube Crime Insurance Quotes?
- Ask RiskCube which carriers actually quoted crime and when a binder can be issued; ask CNA which issuing entity and Epack 3 crime parts apply. [3] [5]
- Compare the forms for employee theft, forged instructions and discovery conditions, then confirm the requested certificate deadline separately from effective coverage. [3] [5]