Crime Coverage
Crime policies cover a loss of money, securities or other property under certain situations. This is an Occurrence policy offered through various insurance companies rated no less than A XV by AM Best.
- Policy offers:
- Coverage for:
- Employee Dishonesty
- Loss of Clients’ Property resulting from Employee Dishonesty
- Funds Transfer Fraud
- Limits: Occurrence limits beginning at $250,000 up to $1,000,000.
- Deductible: Deductibles of either $10,000 or $15,000 depending on the occurrence limit.
- Carrier: rated A+ XI by AM Best.
- Expanded Policy includes:
- Coverage for:
- Employee Dishonesty
- Forgery or Alteration
- Computer Fraud
- Funds Transfer Fraud
- Fraudulently Induced Transfers (review application for coverage conditions)
- Limits: Occurrence limits beginning at $250,000 up to $500,000.
- Deductible: Various deductible amounts.
- Carrier: rated A XV by AM Best.