Which of the following insurance policies would protect a company against employee embezzlement?

A fidelity bond is specifically designed to protect a company against losses incurred due to dishonest acts by its employees, such as embezzlement or theft. This type of insurance provides coverage when an employee misappropriates funds or property and is essential for businesses that handle significant amounts of cash or valuable items.

The focus of a fidelity bond is on the fidelity and integrity of employees, helping to ensure that businesses can recover some of their losses in the event of internal fraud. This makes it the most suitable choice for protecting against employee embezzlement.

Other insurance options mentioned do not specifically address embezzlement caused by employees. While a blanket crime policy provides broader coverage against various types of theft, it may not provide the same level of focus on employee-related dishonesty that a fidelity bond does. Comprehensive theft is more general in nature and may cover losses from external sources, while comprehensive liability policies are designed to protect against third-party claims rather than internal employee actions.

In essence, the fidelity bond is tailored precisely for the situation of employee dishonesty, making it the ideal choice for protecting a company against embezzlement.