What is commercial crime insurance?
Commercial crime insurance helps protect your business from financial losses caused by theft, fraud, or dishonesty — risks that aren’t usually covered by a standard property policy. At Westland, we work with businesses of all sizes to make sure you have the right protection in place, backed by 40 years of experience and personalized advice.
What does commercial crime insurance cover?
From employee theft to electronic fraud, Westland’s crime insurance coverage provides business protection where you need it most.
Employee dishonesty
We protect your business against theft, fraud, or other dishonest acts. That could mean stolen cash, missing inventory, or even falsified expense reports.
Funds transfer fraud
We’re here to help if criminals trick your business into wiring money or gain unauthorized access to your accounts. With our crime insurance coverage, you’re protected from today’s common electronic payment scams.
Forgery & alteration
We’ll step in if cheques, promissory notes, or other financial documents are forged or altered. This coverage helps safeguard your business from unauthorized signatures or changes to official paperwork.
Theft of money & securities
We protect your cash or securities whether they’re stolen from your premises or while in transit. That means coverage not just in your office, but also on the way to the bank.
Counterfeit currency & securities
We’ll help if your business unknowingly accepts counterfeit bills, cheques, or securities. It’s an extra safeguard for companies that handle frequent payments.
Credit & debit card fraud
We have your back if fraudulent transactions happen on company credit or debit cards. That includes situations where stolen or cloned cards are used without your authorization.
Why trust us for commercial crime insurance in Canada
Protecting your business from theft, fraud, and dishonesty needs more than just a policy – it takes the right partner. Here’s why businesses across Canada choose Westland.
Specialized knowledge of crime risks
We understand the unique exposures businesses face, from employee theft to electronic fraud, and we’ll ensure your coverage reflects those realities.
Coverage options that fit your business
Every business is different. We’ll connect you with insurers who offer flexible plans so you’re never paying for protection you don’t need.
Straight talk, no jargon
Crime insurance can feel complex. We break it down in clear language, so you know exactly what’s covered.
Local advisors who get your industry
Whether you’re in retail, professional services, or non-profit, our local teams understand the risks you deal with every day.
We’re in your corner at claim time
If you experience a loss, our advisors will be by your side, handling the claim process so you can get back to business faster.
One team for all your coverage
From crime insurance to cyber, property, and liability, we’ll build your complete protection plan in one place.
Proven client service
Our commitment to service has earned us thousands of positive reviews from businesses across Canada.
National strength, community focus
With offices coast to coast, we bring big-broker strength and trusted local community care together.
Trusted Canadian Coverage
For over 40 years, we've helped businesses safeguard what matters most, with advice and coverage that grow as you do.
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Explore commercial crime insurance claim examples
Crime-related losses can happen when you least expect them. With the right coverage in place, you’ll have the confidence of knowing you’re not facing them alone.
Frequently asked crime insurance questions
Commercial crime insurance won’t cover everything. Losses from property damage, natural disasters, or employee injuries fall under different policies, like commercial property or liability insurance. It also doesn’t cover business interruption or losses due to accounting errors. That’s why it’s important to pair crime insurance with other business coverages for full protection.
Yes. In many cases, small businesses are even more vulnerable to fraud and theft than larger companies. They may have fewer internal controls, limited staff oversight, and less cash flow to absorb unexpected losses. Commercial crime insurance gives small business owners peace of mind by helping protect against risks like employee theft, counterfeit payments, or fraudulent transfers that could otherwise cause serious financial strain.
Most cybercrime – like ransomware, phishing, or data breaches – is not covered. Those risks are typically addressed under a separate cyber insurance policy. Many businesses choose to carry both crime and cyber insurance to stay fully protected against today’s evolving threats.
If your business suffers a loss from theft, fraud, or another covered crime, the first step is to contact your Westland advisor right away. We’ll walk you through the claims process, explain what documentation you’ll need, and advocate on your behalf with the insurer. Our role is to make sure the process is as smooth as possible, so you can get back to running your business.
The cost of crime insurance depends on several factors: the size of your business, the industry you’re in, how many employees you have, and the level of coverage you need. Premiums may also vary based on the controls your business has in place to reduce risk. At Westland, we work with multiple insurers to find you competitive rates and options, so you get coverage that fits both your budget and your business.
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