Financial institutions are vulnerable to losses caused by theft, whether committed by their own staff or outsiders. Equipment like computers could disappear, and money in an armored car, robbed in transit. This insurance is designed to protect your organization from such exposures and more. Let us help customize a solid policy for your needs.
What it covers
Loss caused by dishonest or fraudulent acts by an employee
Premises loss due to the theft, disappearance, misplacement, damage or destruction of property from the financial institution
Transit loss of property from any cause while in transit by a messenger of the financial institution, or in an armored motor vehicle
Forgery or fraudulent alteration loss as a result of forged or fraudulently altered checks, bills of exchange, banker’s drafts, banker’s acceptances, certificates of deposit, withdrawal receipts or promissory notes
Forged securities loss due to reliance on securities or similar written instruments that were forged, fraudulently altered, lost or stolen
Counterfeit currency loss due to reliance on any counterfeit paper currency or coin issues