Employee Dishonesty

The insurance is purchased and administered by the Florida Department of Management Services, Division of State Purchasing

The cost of insurance for this policy is handled through the Office of the VP for Business Affairs.  The information on the insured employees is provided by the Office of the Chief Financial Office.

Policy

  • NAME:  Crime
  • PERIOD:  January 1, 2015 through January 1, 2018

Coverages

  • Employee Dishonesty insurance provides protection against loss of money, securities, and other property with intrinsic value as a result of a dishonest act committed by an employee that is not otherwise excluded.
  • Excess Employee Dishonesty insurance provides an extra limit for protection against loss of money, securities, and other property with intrinsic value as a result of a dishonest act committed by an employee that is not otherwise excluded.
  • Faithful Performance of Duty insurance provides protection against loss of money, securities, and other property with intrinsic value when an employee fails to faithfully perform duties prescribed by law.
  • Theft, Disappearance, and Destruction insurance provides protection against theft, disappearance, or destruction of money and securities inside or outside Insured premises, other than acts committed by an employee.
Insuring Agreement Limit Deductible
Employee Theft – Per Loss $ 500,000 $ 10,000
Employee Theft – Per Employee Coverage Not Covered Not Covered
Forgery Or Alteration Not Covered Not Covered
Inside The Premises – Theft of Money And Securities $ 500,000 $ 10,000
Inside The Premises – Robbery Or Safe Burglary of Other Property $ 500,000 $ 10,000
Outside The Premises $ 500,000 $ 10,000
Computer Fraud $ 500,000 $ 100,000
Funds Transfer Fraud $ 500,000 $ 100,000
Money Orders And Counterfeit Money $ 500,000 $ 10,000
Employee Theft Costs, Fees or Other Expenses $ 5,000 N/A
Computer Fraud Cost, Fees or Other Expenses $ 5, 000 N/A

Claims