Which type of insurance covers theft of goods or money by employees?

Fidelity insurance is specifically designed to protect businesses from losses caused by fraudulent acts committed by employees, such as theft of goods or money. This type of insurance serves as a safeguard against dishonest behavior within the organization, ensuring that the business is financially protected in instances where employees engage in theft or embezzlement.

Liability insurance addresses the legal responsibilities of a business to third parties, such as claims for bodily injury or property damage, but does not cover employee theft. Property insurance protects physical assets of a business like buildings and equipment against loss or damage but does not specifically address theft by employees. Professional indemnity insurance provides coverage against claims of negligence or malpractice in professional services but is unrelated to theft. Therefore, fidelity insurance is the appropriate type of coverage for protecting against employee theft.