Crime Coverage Sample Clauses
The Crime Coverage clause provides insurance protection against losses resulting from criminal acts such as theft, fraud, or embezzlement. This coverage typically applies to losses caused by employees or third parties and may include reimbursement for stolen money, securities, or property. Its core function is to safeguard the insured party from financial harm due to criminal activities, thereby mitigating the risk of significant monetary loss from such events.
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Crime Coverage. A Fidelity Bond or Crime Insurance policy with limits of not less than $25,000 per occurrence. Such coverage shall protect against theft, disappearance and destruction of money, securities, or other valuable property entrusted by County to Contractor, and apply to all of Contractor’s directors, officers, agents and employees who regularly handle or have responsibility for such money, securities or property. The County and its Agents shall be named as an Additional Insured and Loss Payee as its interests may appear. This insurance shall include third party fidelity coverage, include coverage for loss due to theft, mysterious disappearance, and computer fraud/theft, and shall not contain a requirement for an arrest and/or conviction.
Crime Coverage. 8.25.4.1 A Fidelity Bond or Crime Insurance policy with limits of not less than fifty thousand dollars ($50,000) per occurrence. Such coverage shall protect against all loss of money, securities, or other valuable property entrusted by County to Subrecipient, and apply to all of Subrecipient's directors, officers, agents and employees who regularly handle or have responsibility for such money, securities or property. County and its Agents shall be named as an Additional Insured and Loss Payee as its interests may appear. This insurance shall include third-party fidelity coverage, include coverage for loss due to theft, mysterious disappearance, and computer fraud/theft, and shall not contain a requirement for an arrest and/or conviction. 8.25.5 Intentionally Omitted 8.25.6 Intentionally Omitted
Crime Coverage. Crime Coverage is only required when the contracted services involve pick up, carry, guard or otherwise handle County money and securities (ex. cash, checks, warrants, bonds, vouchers), or other highly valued County property (ex. property to be auctioned). A Fidelity Bond or Crime Insurance policy with limits of not less than $ [insert Dept. estimate of the probable maximum loss exposure] per occurrence. Such coverage shall protect against all loss of money, securities, or other valuable property entrusted by County to contractor, and apply to all of contractor’s directors, officers, agents and employees who regularly handle or have responsibility for such money, securities or property. The County and its Agents shall be named as an Additional Insured and Loss Payee as its interests may appear. This insurance shall include third party fidelity coverage, include coverage for loss due to theft, mysterious disappearance, and computer fraud/theft, and shall not contain a requirement for an arrest and/or conviction.
Crime Coverage. We will pay for loss suffered by the covered entity involving those coverages listed in this coverage part and shown as "included" in the Information Pages. If included, coverage is afforded for an act or series of related acts involving one or more persons resulting in a covered loss. For purposes of the Crime coverages, a loss will be deemed to have occurred on the date that it is discovered by the covered entity.
Crime Coverage. Crime Coverage Form A (Employee Dishonesty) covering all employees, with minimum limits of $100,000 per loss. The policy must include the Joint Loss Payable Endorsement (CR 20 15 03 00 or equivalent) showing the Louisville-Jefferson County Metro Government as loss payee.
Crime Coverage. Not applicable.
Crime Coverage. (i) Vendor shall provide and maintain throughout the term of this Agreement a fidelity or financial institution bond policy with at least the following insuring agreements:
(a) Employee dishonesty coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence; and
(b) Computer theft coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence.
(ii) Such policy shall provide protection to LACERA against loss by reason of fraud or dishonesty on the part of Vendor, and shall be in an amount meeting the bonding requirements of Section 412(a) of the Employee Retirement Income Security Act, as amended from time to time, if such amounts are from time to time greater than those specified in this Subsection 18.e.
Crime Coverage. Insurance with limits in amounts not less than $5,000,000 covering against loss of money, securities, or other property referred to in this Contract, which may result from employee dishonesty, forgery or alteration, theft, disappearance and destruction, computer fraud, burglary and robbery. Such insurance shall name the County as loss payee.
Crime Coverage. (1) Consultant shall provide and maintain throughout the term of this Agreement a fidelity or financial institution bond policy with at least the following insuring agreements:
(a) Employee Dishonesty Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence; and
(b) Computer Theft Coverage with limits of at least Five Million Dollars ($5,000,000) per occurrence.
(2) Such policy shall provide protection to LACERA against loss by reason of fraud or dishonesty on the part of Consultant, and shall be in an amount meeting the bonding requirements of Section 412(a) of the Employee Retirement Income Security Act, as amended from time to time, if such amounts are from time to time greater than those specified in this Subsection 18.e.
Crime Coverage. A comprehensive crime coverage policy with a minimum limit of two hundred thousand dollars ($200,000). Coverage to include (i) employee dishonesty (to include employees and board members), (ii) monies and securities coverage both inside and outside premises, and (iii) depositors forgery coverage.