Which insurance type covers losses due to fraud?

Burglary and Theft Insurance is the type of coverage specifically designed to protect against losses resulting from criminal acts, including fraud. This insurance typically covers monetary losses, stolen property, or damages incurred due to the unauthorized actions of individuals, which may involve deceit or trickery.

While property insurance generally covers physical loss or damage to property, it does not specifically address losses that stem from fraudulent actions. General Liability Insurance focuses on legal liabilities for bodily injury or property damage to third parties, while Business Interruption Insurance compensates for lost income during periods when business operations are disrupted, without addressing fraud directly. Therefore, Burglary and Theft Insurance is appropriate for safeguarding against the specific risks associated with fraud, making it the correct answer in this context.