Commercial Crime Insurance Policy

◦ Four insuring clauses with a computer fraud extension available to those who qualify backed by an aggregate limit of Liability.
◦ The policy can be terminated by written notification in accordance with the terms and conditions
◦ Broad definition of “employee”, including cover for temporary personnel hired from an agency.
◦ Employee benefit plans coverage available.
◦ Superseded deductible cover: If a loss is partly covered by HDFC ERGO and partly under a prior policy and the prior insurer has applied a deductible, then the deductible HDFC ERGO applies will be reduced by the amount of the previous insurer’s deductible.
◦ Coverage for prior losses available provided that the Insured purchased prior, continuous and uninterrupted Fidelity or bond insurance policies from a previous insurer
◦ Coverage available for operations in designated territories
◦ Premium demand ends on assessment of the risks based on information provided by the organisation