In a commercial crime policy, what does employee theft coverage protect against?

Employee theft coverage in a commercial crime policy specifically protects against losses incurred due to the dishonest acts of employees. This means that if an employee is caught stealing money, property, or any other tangible assets from the business, this coverage will help reimburse the company for its losses resulting from that theft.

The focus of this coverage is on the internal threat posed by individuals who are employed by the business, recognizing the unique risk that employees can present. It helps to mitigate the financial impact of such theft, which can significantly harm a company's operations and bottom line.

In contrast, the other options either involve theft by individuals who are not employees, such as external entities or contractors, or theft of property belonging to customers, which falls under different types of coverage and protections within a commercial policy. Employee theft coverage is aimed squarely at protecting against the risks posed by an organization's own workforce.