Problems Recently Found By My Bank Insurance Reviews

A bank with ten branches and no extra expense coverage on any of them.
Property insurance policies with coinsurance penalties that kick in after a loss.
Incorrect listing of insured entities on the liability, auto, and umbrella policies.
No debit card fraud coverage on the financial institutions bond.
No safe depository insurance on the bank’s six locations with safe deposit boxes.
Low directors’ and officers’ limits of liability combined with inadequate aggregate limits of coverage.
A bank with several missing locations from their package policy.
A bank insurance plan with inadequate e-banking protection but exceptionally low property deductibles.
Poorly written employment practices coverage that did not cover workplace harassment.
No coverage on repossessed vehicles on the auto insurance program.
No coverage on a bank parking garage where over fifty cars were parked all day.
Inadequate umbrella liability limits of coverage plus no coverage for foreclosed properties.

Fiduciary Liability Coverage Misunderstandings