What Is Covered

 Employee dishonesty (or embezzlement) coverage applies to funds stolen by any of the following individuals:  Any elected officer, trustee or director, any person who renders service to the insured as a volunteer worker, or any employee (excluded any independent contractors such as accounting firms).


To help minimize your exposure to a claim in this area, we recommend that the following guidelines be followed:  two signature checks should be utilized, do not pre-sign checks and someone other than the individuals authorized to withdraw funds should reconcile the monthly statements.


Please refer to your location-specific Insurance Overview for your organization’s Crime limits.