What is the purpose of a fidelity insurance legally speaking?

Fidelity Insurance is also referred to as crime insurance. It protects a company in the event of a loss of money for multiple reasons from burglary to embezzlement. There are generally two types of insurance- employee dishonesty and money and security coverage. Employee dishonesty covers the company in the event that an employee steals in any way shape or form. Money and security covers losses outside of business personnel such as burglary, destruction, or disappearance.