Employee Fidelity and Financial Risks
This insurance covers the loss of money, valuables, and other property owned by the insured for which it is legally liable, which may be caused by fraudulent or dishonest acts committed by employees of the policyholder while performing their duties.
Basic coverage:
- Fraud or dishonest act committed by an employee (acting alone or in collusion with others)
- Fraudulent Act committed by any person committed after the retroactive date of the policy with the intent to cause the insured to incur such loss or to obtain financial gain for themselves.
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