Infidelity of Employees:

It covers the dishonest or fraudulent acts of any of the Employees of the financial institutions which are committed with the manifest intent of making, and which result in, improper personal financial gain for themselves wherever committed and whether committed alone, directly or in collusion with others, including loss of Property through any such acts of any of such Employees. Salary, fees, commissions and other emoluments, including salary increases and promotions, shall not constitute improper personal financial gain.

On Premises:

Provides coverage against:

In Transit:

Provides coverage against the Property being lost or damaged from any cause while in transit, anywhere in the custody of any Employee or while in the custody of any Security or Armoured Motor Vehicle Company for the purpose of transportation on behalf of the Financial Institution however no coverage for a loss of or damage to Property while the same is in the mail or while in the custody of any Security or Armoured Motor Vehicle Company unless the amount of such loss or damage shall be in excess of the amount recoverable, recovered or received by the Financial Institution by way of an indemnity already available to the third party carrier, any security or armoured vehicle company.

Forged Cheques:

Provides coverage against:

The foregoing instruments may be in any script with which the Employee, acting upon such instrument, is conversant. Mechanically reproduced facsimile signatures shall be treated the same as handwritten signatures

This Insuring Clause DOES NOT cover any loss sustained by reason of forgery of any of the above mentioned instruments if they are genuinely signed or endorsed but are false as to contents. The words 'forgery' or 'forged' DO NOT mean nor include such genuinely signed or endorsed instruments which are false as to contents.

The word 'Payment' of a promissory note means the discharge by the Insured of said promissory note and DOES NOT include the purchase, discount, sale, loan or advance of or on said promissory note.

Counterfeited Currency:

It provides coverage to the financial institutions:

By reason of the receipt by them in good faith of any counterfeited or altered paper currency or coin issued or purporting to have been issued by or to be legal tender in the Country in which the Financial Institutions office sustaining the loss is located.

Damage to Office & Contents:

It provides coverage to the Financial Institutions against:

provided that the Financial Institution is the owner of such furnishings, fixtures, equipment, stationery, supplies or safes and vaults or offices or is liable for such loss or damage.

This Insuring Clause of the Policy DOES NOT cover loss or damage through fire

Securities et al:

Provides coverage to the Financial Institutions having, in good faith and in the ordinary course of business, acted upon securities or written as defined herein which prove to have been: