This coverage provides protection against loss due to criminal acts of others. Several types of exposures can exist which require consideration when analyzing your crime protection insurance.

Broadened Definition of Covered Individuals
This extension is used to broaden your Employee Dishonesty policy's definition of insured employees to include those individuals as specified on the form. Back to top

Broadened Named Insured Used
This endorsement is used to extend specified policies to provide automatic coverage for any organizations in which you currently own 50 percent or more interest in or will create or acquire during the policy year. Normally, such unnamed entities must be reported to your carrier for coverage to apply. Back to top

Computer Crime Policy
This policy will cover loss resulting from theft of money, securities or other property by non-employees, as well as loss resulting from the vandalism or theft of information from your computer files. Back to top

Computer Fraud - Form F
This insurance will cover loss or damage to money, securities, and other property due to computer fraud. Computer fraud is defined as "theft of property by and directly related to the use of a computer." Back to top

Credit Card Forgery
This coverage is used to protect against loss due to forgery or alteration resulting from the use of credit cards issued in your company's name. This is important since the federal truth in lending law, which limits individual liability to $50 per card, does not apply to corporate cards. Back to top

Credit Card Limit Increased
This coverage is used to provide protection for loss due to forgery, counterfeit currency, or illegal credit card use. Back to top

Discovery Period Increased
This coverage is used to extend the Crime policy to cover losses resulting from claims occurring over an extended period of time. For example, the gradual embezzlement of small sums of money could result in a loss which can significantly impair the financial position of your firm.
Standard Crime coverage would only cover that portion of the loss which occurred during the policy period and discovered no later than twelve months after the policy expires. Back to top

Employee Dishonesty - Blanket
This coverage is used to insure against loss of money, securities or other property belonging to you, or for which you are liable, that is caused by employee dishonesty. It pays for any one loss caused by one or more employees up to the face amount stated on the form. Back to top

Employee Dishonesty - Form A
This coverage is used to insure against loss of money, securities or other property belonging to you, or for which you are liable, that is caused by employee dishonesty. Please note, coverage does not include inventory shortage unless you can prove that the loss was sustained through dishonest acts of employees. Back to top

Employee Dishonesty - Individual
This coverage is used to insure against loss of money, securities or other property belonging to you, or for which you are legally liable, that is caused by employee dishonesty. This form is written to cover one or more employees by name as listed on the policy's schedule. Back to top

Employee Dishonesty - Position
This coverage is used to insure against loss of money, securities or other property belonging to you, or for which you are legally liable, that is caused by employee dishonesty. This form is written to cover one or more positions by listing the title of the position on the schedule in the bond. Back to top

Excess Crime (CR1533, CR1534)
This insurance is used to provide excess coverage to institutions when their exposures warrant additional crime protection beyond what the primary carrier is willing or able to offer. Back to top

Excess Indemnity Coverage
This endorsement is used to extend the Employee Dishonesty coverage to include specific coverage amounts beyond the blanket limit stated in the policy for individuals listed on the endorsement. It is used to insure key individuals who may have access to funds or property greater than predicated under the policy's blanket limit. Back to top

Extended Premises Coverage (CR1526, CR1523)
This endorsement is used to extend the Crime policy to include protection for losses that occur anywhere on the premises grounds controlled by you. This is necessary because standard crime insurance only insures on-premises losses that occur while inside a covered building. Back to top

Extortion Coverage (CR0008)
This endorsement is used to extend the Crime policy to cover loss of money, securities, or other property resulting from extortion or kidnapping. Extortion is defined as "the surrendering of property away from the premises as a result of threat to do bodily harm". Kidnapping is defined as "the actual holding captive of an individual". This form covers only claims related to the threat of bodily injury. Back to top

Financial Institution Blanket Bond
This insurance is used to provide protection against loss resulting from criminal acts involving burglary, larceny, theft, robbery, embezzlement or forgery. It covers a number of types of property including money, securities, bonds, deeds, mortgages or other valuable instruments and several types of non-instrument property such as gems, gold or jewelry. Back to top

Forgery or Alteration - Form B
This coverage pays up to a specified amount for loss resulting from forgery of checks, drafts, notes or other similar written promises
prepared by you or your agent. It does not cover dishonest acts of employees, which must be insured by Employee Dishonesty coverage. Back to top

Lessees of Safe Deposit Boxes - Form I
This coverage is used to protect against theft, disappearance or destruction of securities in a safe depository. It extends to cover burglary and robbery of your property other than money and securities from a safe depository. Back to top

Liability of Guests Property (CR0012, 13)
This coverage is used to provide legal liability for loss or damage to guests' property while on your premises. Back to top

Mail Insurance (CM0060)
This coverage will insure against damage or destruction to valuable materials or securities while being sent through the mail. Covered items include money, securities, bullion, money orders or bond coupons. One or more mail categories can be used to ship including registered mail, transfer agent's mail and first class mail. Back to top

Modified Premises Definition
Standard Crime policies are written to cover on-premises losses that occur only at specified locations. Since much or all of the revenue you derive comes from non-permanent locations, we have modified your policy's definition of premises to more adequately reflect this situation. Back to top

Money and Securities Increased
This coverage is used to provide protection for loss resulting from theft of money or securities. Back to top

Outside Container Coverage (CR1507)
This endorsement is used to extend the Crime policy to cover theft of property other than money or securities from an outside container. Back to top

Outside Showcase Coverage (CR1511)
This endorsement is used to extend the Crime policy to cover theft of property other than money or securities from an outside showcase or display. Back to top

Premises Burglary - Form E
This form is used to cover loss or damage to property other than money and securities while inside your premises. Back to top

Premises Theft/ Robbery Outside - Form H
This endorsement is used to extend the Crime policy to cover theft of your property while located inside the premises (other than money and
securities), and for robbery outside the premises to property in the care, custody, or control of an armored car company or messenger. Back to top

Public Employee Bond - Per Employee (CR0017)
This bond will insure against loss resulting from the dishonest acts of any one employee. The limit specified applies per each employee. Back to top

Public Employee Bond - Per Loss (CR0016)
This coverage is used to provide protection for loss resulting from dishonest acts of one or more employees. The limit specified is the most your insurance company will pay per loss no matter how many employees are involved. Back to top

Robbery/Safe Burglary - Form D
This form is used to cover your personal property other than money and securities. Inside coverage includes premises robbery and safe burglary. Outside premises coverage includes loss of property while in the care, custody, or control of an armored car company or messenger. Coverage for money and securities can be endorsed onto this form. Back to top

Robbery/Safe Burglary - Form Q
This form is used to cover your money and securities for robbery and safe burglary while located inside the premises. Outside premises coverage includes loss caused by robbery of property while in the care, custody, or control of an armored car company or messenger. Back to top

Safe Deposit Box Liability Legal/Direct (CR0014, CR0015)
This coverage is used to provide protection against loss, destruction or damage to customers' property while located within safety deposit boxes, or while being deposited or removed from them. Back to top

Securities Deposited w/ Others
This coverage is used to protect your securities against loss resulting from theft, disappearance or destruction while inside the premises of a custodian, in transit to or from such premises, or deposited by the custodian in a depository. The definition of securities includes negotiable or non-negotiable instruments or contracts or other property, except actual currency. Back to top

Selling Price Valuation
This coverage is used to extend your Property policy to insure both the cost of your stock and normal profit in case of loss. It is added because, even with replacement cost coverage, most Property forms are normally written to only pay for the cost to recreate or purchase the lost product without reimbursement for normal profit. Back to top

Special Events/Seasonal Increase (CR1524)
If added, this endorsement automatically increases specified coverage amounts for predetermined periods of time. This is used for those situations where you temporarily require higher limits of protection than your standard coverage provides. Back to top

Terminal Access/Key Stop Coverage
This coverage is used to cover the loss of your product due to unauthorized use of a lost or stolen key or credit card. Standard Property policies exclude transfer of property by unauthorized instructions. Back to top

Theft, Disappearance, and Destruction - Form C
This coverage is used to insure against loss of money and securities caused by theft, disappearance, or destruction while located inside or outside your premises. It also covers damage to premises resulting from actual or attempted theft. It insures only money and securities and not other types of property. Back to top

Third Party Dishonesty Bond
This coverage is used to insure against claims arising from theft by employees while they are working at your customers' place of business. Back to top

Worldwide Coverage (CR5002)
This endorsement is used to broaden the Crime policy to cover locations (or countries) not included in the standard territorial definition as specified in the form. Back to top