Did you know that Crime insurance provides more than just the Fidelity Bond requirement in a management contract? All of our associations are required to have Fidelity Bond coverage and to satisfy that requirement, our associations buy Crime coverage that provides an Employee Theft limit based on financials. However, a standalone Crime policy offers additional…
All associations purchase Crime coverage as a standalone policy or as part of a package. This type of coverage protects against the theft of association funds or other financial misconduct, but often has limits below what the association may need. Excess Crime provides the same protection, but offers higher limits than a typical property policy,…
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