Crime & Fidelity

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Protect Your HOA Board Against Embezzlement

It is essential to know how to protect the funds of your community as a member of an HOA Board of Directors. Here are certain practices that will ensure that the accounts of the members of your HOA Board are protected against embezzlement: Know the FTI number of the association: All bank accounts should be [...]

By | 2018-03-01T13:19:18+00:00 February 10th, 2018|Crime & Fidelity, Newsletter|Comments Off on Protect Your HOA Board Against Embezzlement

What is Crime and Fidelity Insurance?

Crime and Fidelity Insurance protects the actual money the Association has in the operating account and reserve accounts.  Crime and Fidelity Insurance protects the money from embezzling, check fraud, invoice padding or false invoices, computer fraud and wire fraud. What is the difference between Crime and Fidelity and Employee Dishonesty? The difference is in the [...]

By | 2017-05-08T19:39:37+00:00 April 24th, 2017|Crime & Fidelity|Comments Off on What is Crime and Fidelity Insurance?