Commercial Crime - Fidelity

Commercial Crime - Fidelity

What is insured?

Insurance provides for coverage for the loss of university cash, securities, bonds and money.

What do I do if I receive notice of a claim?

Is there a deductible?

Departments are charged a deductible of $1000 for coverage of each occurrence.

Other Information

Employee Dishonesty
Once an employee has been confirmed performing a dishonest act, employee should be terminated or further crime will not be covered.

Restitution
All restitution agreements and payments should be forwarded to Risk Management Services for review and processing.