Crime Insurance

Definitions

100

The taking or attempted taking of property from inside the premises by a person unlawfully entering or exiting the premises. Evidence of forced entry or exit must apply

Burglary

200

The taking of property from within a locked safe with forcible entry marks noted or taking of the entire safe

Safe Burglary

300

The unlawful taking of property from another by use or threat of violence

Robbery

400

The unlawful taking of property

Theft

500

Someone who has are or custody of property inside the premises

Custodian

Coverage Forms

100

Someone who has care and custody of property while it is outside the premises

Messenger

200

Someone retained specifically by the insured whose sole duty is to have care or custody of property inside the premis

Watchperson

300

This occurs during the policy period or within 1 year of expiration and is discovered during the policy. 

Loss Sustained Form

400

Occurs at any time and is discovered during the policy or within 60 days of expiration

Discovery Form 

500

Covers money and securities in addition to other property resulting from internal acts of fraud transmitted to external sources

Computer Fraud Form

Crime Coverage Forms

100

Pays for loss resulting from wrongdoing of employee

Employee theft form

200

Provides worldwide coverage for checks, drafts, and notes that have been altered by another

Forgery or Alteration Form

300

covers loss of property while inside and loss of property from a safe. Must occur inside only. Also covers damage to the building from loss

Inside the Premises Form

400

Covers theft, disappearance, or destruction of money and securities in the custody of a messenger or armored car company

Outside the premises Form

500

Covers fraudulent transfers of money

Computer and Funds Transfer Fraud Form

Crime Forms

100

Covers loss of money and other property by threat of bodily harm to insured or employee

Extortion-Commercial Entities Form

200

Covers hotel guests money and other property

Guests' Property Form

300

The signing of the name of another person or organization with the intent to deceive

Forgery

Bonds

100

The parties to a bond

Principal-makes the promise

Obligee-party to whom the promise is made

Surety-party to who promises to pay if promise is broker

200

Bid Bonds, Performance Bonds, Payment Bonds, and Supply Bonds

Contract Surety Bonds

300

Fiduciary Bonds and Court Bonds

Judicial Bonds

400

Public Official Bonds and License/Permit Bonds

Surety Bonds

500

Employee Honest by Named Schedule, Position Schedule, Commercial Blanket, or Blanket Position

Fidelity Bonds