Every insurance company, regardless of size, faces a loss from the acts of dishonest employees. Sometimes the effects are not felt or discovered until it is too late. Fidelity losses not only affect the insurance company’s bottom line, they could have an affect on your policyholders.
Benefits of Insuring
Exclusive Bond form designed to fit the needs of Mutual Insurance Companies
Asset protection from the dishonest acts by employees
Financial strength of Travelers Casualty and Surety and NAMIC Insurance Company
Exclusive pricing for mutual insurance companies
Coverage Features of the Policyholder Protection Plus Form 25 Fidelity Bond
Single Page application for companies with less than 60 employees
Single loss limit of liability with no annual aggregate
Omnibus Named Insured language conforms easily to fit the structure of Mutual Insurance Companies
Claims preparation expense coverage of $25,000 with no deductible
Knowledge and Discovery period expanded to occur only when a senior manager or official is made aware of the actual or potential loss
