Financial Institution Insurance
Financial Institution Bond
Provides coverage for certain crimes committed against the bank including embezzlement, robbery, burglary, theft of funds while in transit, check forgery, forged fax withdrawal orders, debit card fraud, extortion threats to persons and property, etc. Safe Depository Liability, Mortgage Errors and Omissions, Trust Errors & Omissions, Defective Signatures by Fraud on Mortgages, and Check Kiting coverage are also available upon request.
Management and Professional Liability Coverage
Provides defense costs for directors, officers and employees when they are named in a lawsuit which alleges a wrongful act was committed while acting as a director, officer or employee of the bank and also provide defense costs along with judgments and settlements. Employment Practices Liability can be added upon request.
Insurance Agents Errors & Omissions Policy
Designed for banks that sell insurance products to protect the bank when it is accused by a customer of a wrongful act (error or omission) relating to the sale of insurance.
Cyber Liability Policy
Protects the bank in cases of cyber liability exposures where information has been compromised due to to a breach of bank security or through system vulnerabilities.