In which situation would immediate employer cancellation occur in a crime policy?

Immediate employer cancellation in a crime policy typically occurs upon the discovery of theft. This is critical because the integrity of the crime policy hinges on the trustworthiness of the employees covered under the policy. If theft is discovered, it signifies a breach of that trust, which can prompt the insurer to cancel the policy immediately.

The underlying principle here is risk management. The insurer needs to protect itself from further claims that could arise if they continue to cover individuals deemed no longer trustworthy due to the discovery of a theft. This immediate action also serves to minimize potential losses from future incidents.

In contrast, options such as changing jobs do not directly impact the immediate need for cancellation. Minor claims may not warrant cancellation either, as they might not significantly affect the overall risk assessment. Lastly, the expiration of the policy is a standard procedure that does not relate to immediate circumstances caused by theft. Understanding this framework helps clarify the rationale behind the immediate cancellation policy in the context of theft discovery.