What Are the Key Differences Between Liberty Mutual and Zurich U.S. Crime Insurance?
Standalone Policy and Package Options
Zurich says commercial crime can be written as a standalone policy or within package solutions for public and private companies. Liberty Mutual places crime in ProShield, a management-liability package for private and nonprofit organizations. Zurich documents both standalone and package routes; a buyer comparing bundled coverage should ask whether the crime limits sit within a shared aggregate. [7] [3]
Specific Theft and Transfer Wording
Zurich describes direct loss of money, securities, or property from employee theft or forgery, and separately explains computer fraud and fraudulent instructions to transfer funds. Liberty Mutual lists employee dishonesty, embezzlement, safe burglary, and computer fraud among ProShield exposures. Zurich’s description distinguishes electronic transfer mechanisms; compare its triggers with the wording Liberty Mutual proposes for the payment methods your business uses. [7] [3]
Risk Review Services
Zurich Resilience Solutions offers crime-risk assessment intended to identify vulnerabilities and provide specialist recommendations. Liberty Mutual’s reviewed ProShield overview describes the package and coverage examples but not a crime-risk assessment service. If prevention support is part of your buying criteria, ask Zurich what assessment deliverables are included and whether any follow-up work carries a separate cost. [7] [3]
What Should You Confirm in Liberty Mutual and Zurich U.S. Crime Insurance Quotes?
- Ask Zurich whether its proposal is standalone or packaged and request separate limits for employee theft, computer fraud, and funds-transfer fraud. [7]
- Ask Liberty Mutual for ProShield’s crime wording, limit, deductible, and how any aggregate interacts with other management-liability sections. [3]
- Ask Zurich which crime-risk assessment services are included and whether recommendations involve additional services or fees. [7]