Financial Institution Bond
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Services of other enterprises
Description
The Financial Institution Bond helps protect against employee theft and crimes committed by individuals outside of your organization.
Some coverage highlights contained in the typical Bond policy:
Under Employee Fraud, policies cover many losses resulting from dishonest or fraudulent acts committed by an employee acting alone or in collusion with other.
Loan related losses where fraud is involved are generally not covered unless collusion exists with an employee who has personally benefited from the transaction.
Loan related losses where forgery of an original loan document is involved, may be covered.
Loss of property through robbery, burglary, misplacement, theft and false pretense.
Loss from forgery or alteration of negotiable instruments including
Some coverage highlights contained in the typical Bond policy:
Under Employee Fraud, policies cover many losses resulting from dishonest or fraudulent acts committed by an employee acting alone or in collusion with other.
Loan related losses where fraud is involved are generally not covered unless collusion exists with an employee who has personally benefited from the transaction.
Loan related losses where forgery of an original loan document is involved, may be covered.
Loss of property through robbery, burglary, misplacement, theft and false pretense.
Loss from forgery or alteration of negotiable instruments including
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Financial Institution Bond
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