Which of the following is NOT considered a covered theft in a Commercial Crime policy?

In a Commercial Crime policy, coverage typically includes specific types of theft that are directly related to criminal acts. Negligence, however, is not considered a criminal act and does not fall under the scope of covered theft.

When property is missing due to negligence, it implies that the loss occurred due to a lack of care, oversight, or failure to adhere to proper safeguarding practices, rather than as a result of a theft. This distinction is critical in insurance policies, as insuring against losses from negligence would be impractical and would result in significant moral hazard where businesses might not take the necessary precautions to protect their assets.

On the contrary, theft through a break-in, employee theft, and robbery are specifically addressed in Commercial Crime policies as they involve criminal intent and actions, which are covered by the insurance. Thus, the situation involving negligence distinctly sets it apart from scenarios that involve direct theft, leading to its classification as not covered in this policy context.