1997-010-RES WHEREAS, OFFICE OF THE GOVERNOR OF THE STATE OF TEXAS, CRIMINAL DIVISION

Home Browse Search

COMMERCIAL CRIME COVERAGE FORM 0 - PER LOSS l THE HARTFORD PUBLIC EMPLOYEE DISHONESTY COVERAGE FORM A. COVERAGE We will pay for loss of. and loss from damage to, Covered Property resulting directly from the Cov. ered Cause of Loss. " Covered Property: "Money", "securities", and "property other than money and securities". 2. Covered Cause of Loss: "Employee dishon. esty". 3. Coverace Extension ... Employees Temporarily Outside Coverage Territory: We will pay for loss caused by any "employee" while temporarily outside the tern- . tory specified in the T enitol)' General Condition for a period not more than 90 days. B. UMlT OF INSURANCE The most we will pay for loss in anyone "occur. rence" is the applicable Limit of Insurance shown in the DECLARATIONS. C. DEDUCTIBLE ,. We will not pay for loss in anyone" occurrence" unless the amount of loss exceeds the DeduC1- ible Amount shown in the DECLARATIONS. We will then pay the amount of loss in excess of the Deductible Amount. up to the Limit of Insur- ance. - 2. .You mpst~ ___ ___0.0 o. a. Give us notice as soon as possible of any loss of the type insured under this Coverage Form even though it falls entirely within the Deductible Amount b. Upon our request, give us a statement describing the loss. D. AOOlTJONAt EXCLUSIONS, CONOmONS AND OEFINmONS: In addition to the provisions in the Crime General Provisions, this Coverage Form is subject to the following: ,. Additional Exclusions: We. will not pay for loss or damages as specified below: a. Employee Cancelled Under Prior Insur- ance: loss caused by any lIemployee" of yours, or predecessor in interest of yours, for whom similar prior insurance has been cancelled and not reinstated since the last such cancellation. b. Inventory Shortages: loss, or that part of any loss. the proof of which as to its exist- ence or amount is dependent upon: (') An inventory computa~on; or Form CR 00 '6 'to 90" Printed in U.S.A. (2) A profit and loss computation. c. Bonded Employee: loss caused by any "employee" required by law to be individu. ally bonded. d. Treasurer or Tax Collector: loss caused by a treasurer or tax collector by whatever name known. e. Damages: damages 10r which you are Ie-- gaily liable as a resun 01: (') the deprivation or violation of the civil rights of any person by an "employee";. or (2) the tortious conduct of an "employee", except conversion. of propeny of other parties held by you in any capacity. 2. Additional Conditions: a. Cancellation As To Any Employee: This insurance is cancelled as to any "em- ployee": (') Immediately upon discovery by you or any official or employee authori:zed to manage, govem or control your employ- ees, of any dishonest act committed by that "employee" whether before or after _ becoming employed by you._ .... o. ."__0_' (2) On the date specified in a notice maned to you. That .date will be at least -30 days after the date of mailing. The mailing of notice to you at the last mailing address known to us will be suffi- cient proof of notice. Delivery of notice is the same as maifing. b. Sole Benefit: This insurance is for your sole benefit. No legal proceeding of any kind to recover on account of loss under this coverage may be brought by anyone other than you. c. Indemnification: We will indemnify any of your officials who are required by Jaw to give bonds for the faithful perlormance of their service against loss through dishonest acts of persons who serve under them, subject to the Limit of Insurance. 3. Additional Definitions a. "Employee Dishonesty" in paragraph A.2. means only dishonest acts com mined by an "employee", whether identified or not, act. ing alone or in collusion with other persons, ... with the manifest intent to: