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Chapter 12: Commercial Crime & Bonding

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I.
Introduction to Commercial Crime Insurance
- Commercial Crime Coverages
- Important Commercial Crime Terms & Concepts
Print Chp. 12*
II.
Crime General Provisions
- The Discovery Conditions
- Loss Sustained During Prior Insurance Condition

III.
Commercial Crime Coverage
- Coverage Form A – Employee Dishonesty
* Name Schedule
* Position Schedule
* Blanket Coverage
- Coverage Form C – Theft Disappearance & Destruction
- Coverage C Exclusions
- Coverage Form D – Robbery and Safe Burglary
- Coverage Form E – Premises Burglary
- Other Commercial Crime Forms

IV.
Commercial Crime Exclusions & Conditions
- Exclusions Applicable to Selected Coverages
- Conditions

V.
Bonding
- Parties to a Bond
- Fidelity Bonds
* Principal – Employee
* Obligee – Employer – Insured
* Surety
- Types of Fidelity Bonds
* Name Schedule Bonds
* Position Schedule Bonds
* Commercial Blanket Bonds
* Blanket Position Bonds
* Public Official Bonds
* Judicial Bonds
- Surety Bonds
* Parties to a Surety Bond
- Types of Surety Bonds
* Contract Bonds
* Financial Institution Bonds
* Insuring Agreements
* Coverage Riders

VI.
Chapter 12 Review

VII.
Take Chapter 12 Test

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