Reveal Hidden Secrets of Manufacturing Crime Insurance Reviews
Real-World Examples and Case Studies
To illustrate the value of manufacturing crime insurance, consider the case of a mid-sized electronics manufacturer that experienced a significant loss due to employee embezzlement. The company had a crime insurance policy in place, which covered the losses and allowed them to recover quickly without severe financial strain. This example underscores the importance of having the right coverage to shield your business from unforeseen events. According to the Insurance Information Institute, the average loss due to employee theft is approximately $1.13 million per incident2.