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EMPLOYEE DISHONESTY COVERAGE
Employee dishonesty coverage protects an employer from financial loss due
to the fraudulent activities of one or more employees. The coverage includes
protection for loss of money, securities, and other property of the insured.
Some scheduled policies are still available, but the majority are written
on a blanket basis. This provides coverage for all employees, subject to the
policy definitions.
The limit of liability is "per loss" and is applied on an "occurrence" basis.
All acts involving the same employee or group of employees is considered one
occurrence.
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