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HomeMy WebLinkAbout000324.tiff 'CTS SCfI'NC CAlIXaEOtE C0104Cf Colorado Counties Casualty and Property Pool 2424 Excess Crime Policy Hiscox Policy No . UC21191167 . 20 Summaries are brief outlines of the coverages afforded under the insurance policies . Since summaries are for informational purposes only, they should not be construed to constitute the entire insurance contracts . As the policies may contain additional coverages and restrictions, the exact wording should be consulted. Brief Summary of Property Deductibles This information is provided to present counties with a simple overview of county deductibles in the pool. It does not provide information on limits. The pool insuring agreements contain actual coverages and limits. CAPP provides up to $ 1 million of crime coverage ( employee dishonesty , robbery, forgery, money ) subject to a $500 county deductible . Gallagher Colorado Counties Casualty and Property Pool •e Q E 360 Named Insured Schedule (applies to all policies ) Colorado Counties Casualty and Property Pool including the following members : • Alamosa • Gilpin • Ouray • Archuleta • Grand • Park • Baca • Gunnison • Phillips • Bent • Hinsdale • Prowers • Chaffee • Huerfano rfano • Pueblo • Cheyenne • Jackson • Rio Blanco • Clear Creek • Kiowa • Rio Grande • Conejos • Kit Carson • Routt • Costilla a • Lake • Saguache • Crowley • La Plata • San Juan • Custer • Las Animas • San Miguel • Delta • Lincoln • Sedgwick • Dolores • Logan • Summit • Eagle • Mineral • Teller • Elbert • Moffat • Washington • Fremont • Montrose • Weld • Garfield • Morgan • Yuma • Otero 2 ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher Gallagher Colorado Counties Casualty and Property Pool •* CORE 360 Master Crime Program Carrier Hiscox Insurance Company, Inc. Policy Period : January 1 , 2020 to January 1 , 2021 Insured : Members of Colorado Counties Casualty and Property Pool as they appear on the Named Insured Endorsement Policy Form : Discovery Form Retroactive Date: None Limits/Deductibles : Limits Deductible (Per Occurrence) Insuring Agreement (Per Loss) 1 ,000,000 A: Fidelity - Employee Theft $ 150 , 000* B: Forgery 1 , 000 , 000 Checks 1 , 000 , 000 Payment Cards $ 150 , 000* 1 , 000 , 000 Counterfeit C: Inside and Outside Loss 1 , 000 , 000 Inside the Premises $ 150 , 000* $ 1 , 000 , 000 Outside the Premises Coverage D : Tech Fraud $ 1 , 000 , 000 Computer $ 1 , 000 , 000 Funds Transfer $ 250 , 000 Cyber Deception $ 150 , 000* $ 250 , 000 Telephone Toll $ 250 , 000 Virus Restoration $ 250 , 000 Licensing Violation $ 50 , 000 Claim Expenses N/A *Members with Increased • $250 , 000 Deductible Deductible (Per Loss): • Eagle , Fremont, Garfield , Gilpin , Grand , Gunnison , La Plata , Logan , Montrose , Morgan , Park, Pueblo , Routt, Summit and Weld Endorsements : • Named Insured Added (lists members) • Government Conversion with Faithful Performance Limit of Insurance $1 , 000 , 000 • Crime Elite Endorsement ■ Extended Period to Discover Loss — 120 days ■ Acts of Employees learned of by you prior to the Policy Period -$25 , 000 ■ Termination as to any employee — 90 days (no coverage if termination due to theft or any other dishonest act committed by employee) ■ Termination as to any employee because of theft, forgery or any dishonest act committed by employee only if exceeds $25 , 000 ■ Definition of Employee amended to include any natural person independent contractor whom you have the right to direct and control while performing acts within the usual duties of an Employee • Persons or Classes of Persons included with Sublimit • Colorado Amendatory Endorsement (Endorsement No . 1 ) • Economic and Trade Sanctions Policyholder Notice Notification Requirements of Losses: • Only on losses exceeding 50% of the deductible All Crime Limits and Deductibles apply on a Per Occurrence Basis and are not shared with any other Coverage Party limits. Claim Expense is on a Per Occurrence Basis and is a part of, and not in addition to, the limit applicable to the Loss 21 ©2020 Arthur J. Gallagher & Co. All rights reserved. CIO Gallagher Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 faster Crime Program ( Continued Exclusions including • Confidential Information but not limited to: • Government Action • Indirect Loss • Legal Fee , Costs and Expenses • Nuclear • War, Military Action • Inventory Shortages • Accounting or Arithmetical Errors or Omissions — Coverage C • Kidnap, Ransom and Extortion • Money Operated Devices • Motor Vehicles or Equipment or Accessories • Vandalism • Fraudulent Preparation or Input — Coverage H Claims Reporting When You or an Executive Employee discovers a loss or a situation that my result in loss or Instructions : damage to Money, Securities or Other Property that in your best estimate exceeds 50% of the Deductible, notify the carrier as soon as practicable and in no event later than 90 days after Discovery. If you have reason to believe that any loss except for loss covered under Fidelity, Coverage A, involves a violation of the law, you must also notify the local law enforcement authorities . Claims are to be reported to: Hiscox scox Att: Crime & Fidelity Claims Dept. 520 Madison Ave , 32nd Floor New York, NY 10022 E-mail : D&Oclaims hiscox . com Fax : 212 . 922 . 9652 And to : Arthur J . Gallagher Risk Management Services, Inc. Aft: Kendall Trump , Vice President Claims 6300 S. Syracuse Way, Ste 700 Centennial , CO 80111 Claims e-mail : sccclaims@ajq . com Kendall's Voice Mail : 303-889-2570 Claims Fax Number: 303-773-9776 22 ©2020 Arthur J. Gallagher & Co. All rights reserved. 1":. Gallagher Hello