What type of coverage protects against losses due to employee dishonesty?

Fidelity insurance is specifically designed to provide coverage against losses incurred from employee dishonesty or fraudulent acts. This type of insurance protects businesses from theft, embezzlement, or any fraudulent activities carried out by employees. By covering these specific risks, fidelity insurance helps business owners mitigate potential financial losses that could arise from acts of dishonesty within the organization.

Other types of coverage, such as general liability insurance, property insurance, and professional liability insurance, address different risks and do not focus specifically on employee dishonesty. General liability insurance typically covers injuries or damages to third parties, property insurance focuses on physical assets and their protection from perils, and professional liability insurance addresses negligence or mistakes in professional services. Therefore, fidelity insurance is the correct choice for addressing employee dishonesty directly.