Financial Institution Bond

As required by regulators for financial institutions, fidelity coverage is provided through an enhanced version of the Surety and Fidelity Association of America Form 24, as of May 2011. Four Insuring Agreements comprise “basic” coverage:

  • Insuring Agreement A - Fidelity
  • Insuring Agreement B - On Premises 
  • Insuring Agreement C - In Transit 
  • Insuring Agreement F - Counterfeit Money

 

Bond Coverage Summaries and Specimen

Mar 18, 2021, 09:06 AM
Title : Bond Coverage Summaries and Specimen
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Notwithstanding any language to the contrary, nothing contained herein constitutes nor is intended to constitute an offer, inducement, promise, or contract of any kind. All coverage descriptions and claims examples are provided for informational and educational purposes only and are not a representation as to coverage for any particular claim and are not represented to be error free. Coverage for any claim is determined upon the specific facts of the claim, the terms and conditions of the policy and applicable law. For details on the coverage provided by your specific contract of insurance, please refer to your policy. Coverage is subject to underwriting guidelines and may not be available in all states. Limits may be capped for underwriting reasons. Any links to any sites which are not originated by ABA Insurance Services Inc. (ABAIS) are provided only as a courtesy and are not intended to nor do they constitute an endorsement by ABAIS of the linked materials.