The Crime Coverage Policy provides coverage for the dishonest acts of employees or volunteers.
Crime Coverage Requirements
Crime coverage must be purchased in conjunction with Directors and Officers Liability Policy.
Policy Limits and Deductibles
Limit of coverage: $25,000
Deductible: $250
Cost: $175 or $275 depending on the number of employees.
Employee Dishonesty
Protects the school against losses caused by dishonest acts of employees, or volunteers, whether identified or not, acting alone or in collusion with other persons, with the intent to cause a school a loss and to obtain financial benefit.
Theft, Disappearance & Destruction
Protects the school against non-employee theft of money or securities inside the premises or a banking premises, or outside the premises in the care and custody of a messenger.