ATM

The Financial Institution Bond covers automated teller machines (ATMs) located on the financial institution’s premises, subject to the Insuring Agreement B “On-Premises” deductible. The ATM Rider extends coverage to off-site ATMs and permits the insured to schedule a lower deductible for all ATMs, both on and off-site. The Rider covers cash losses, but does not cover damage to the machine, failure of the machine to function properly or loss due to the fraudulent use of debit, ATM or credit cards.