Crime & Fidelity Coverage
Crime and fidelity coverage protects the money your organization collects — registration fees, fundraising, concession revenue — from theft, embezzlement, and fraud, including by the volunteers and treasurers who handle it.
Crime & Fidelity Coverage for Leagues & Clubs
Youth sports organizations handle real money: registration fees, fundraising proceeds, concession and tournament revenue, often managed by volunteer treasurers with limited financial oversight. Embezzlement by a trusted board member or volunteer is one of the most common and damaging losses leagues actually experience. Crime and fidelity coverage protects those funds.
What's Covered
- Employee & volunteer theft: Embezzlement or theft of funds by those who handle the money
- Fraud & forgery: Forged checks, fraudulent transfers, and financial fraud
- Theft of money & securities: Cash and funds stolen from the organization
- Concession & fundraising revenue: Funds collected at events
Why Volunteer-Run Organizations Are Vulnerable
Small leagues rarely have the financial controls that catch theft early — one volunteer often controls the bank account. That trust, combined with weak oversight, is exactly the condition under which embezzlement happens. Crime coverage is the financial backstop when it does.
Pairs With Good Controls
Dual signatures, regular treasurer reports, and separated duties reduce both the risk and your premium. We help you put basic controls in place alongside the coverage.
What's Covered
Frequently Asked Questions
Embezzlement by a trusted volunteer is one of the most common losses youth leagues actually suffer, precisely because small organizations lack financial controls. Crime & fidelity coverage protects your funds if it happens — it's not about distrust, it's about prudence.
No. GL covers third-party injury and property damage. Theft or embezzlement of your organization's money requires a separate crime & fidelity policy.