Employee dishonesty coverage is purchased to protect from (oh surprise) the dishonest acts of employees.
–The bookkeeper steals from petty cash.
–A stockroom employee steals and sells off inventory items.
Most policies don’t cover the theft, by an employee, of customer property. So, if you run a cleaning service, your policy may not cover you if an employee steals jewelry from a client. Any company where employees are in a customer’s office or home may have this gap in coverage.