Money Order Issuers Rider

The Money Order Issuers Rider expands the Fidelity coverage (Insuring Agreement A) to include third-party authorized persons, partnerships, or corporations who issue Registered Checks or Personal Money Orders drawn on the financial institution, while acting on behalf of the financial institution.

Sample Rider
Coverage Summaries of Bond Riders

Claims Examples
  • An authorized grocery store issues a bank money order, but instead of sending the collected money to the bank, keeps the money and discards the money order receipts.

Features
  • Coverage for bank employees issuing Money Orders is already provided under Insuring Agreement A of the Bond.

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