Question

The limit of coverage under the ISO Employee Theft coverage A) applies on a cumulative basis to c...

The limit of coverage under the ISO Employee Theft coverage

A) applies on a cumulative basis to cover losses that occur over a period of years.

B) applies to each employee involved in a loss, regardless of the number of employees.

C) applies only to specifically named employees.

D) applies on a per loss basis and is not cumulative from year to year.

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Answer #1

Ans D) applies on a per loss basis and is not cumulative from year to year.

The limit of coverage under the ISO Employee Theft coverage applies on a per loss basis and is not cumulative from year to year.

It does not apply on a cumulative basis to cover losses that occur over a period of years or to each employee involved in a loss, regardless of the number of employees or only to specifically named employees

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