Most small business owner policies (BOPS) have a conviction clause - TopicsExpress



          

Most small business owner policies (BOPS) have a conviction clause in their crime coverage. That means there is NO COVERAGE unless the perpetrator is actually convicted of the crime they commit (as in this case). If they bargain with the DA and plead guilty to a lesser offense there would be no coverage. We not only provide Fidelity Surety Bonds but also offer stand alone stand alone crime coverage policies that are very comprehensive and DO NOT have a conviction clause. lasvegassun/news/2014/aug/01/former-bookkeeper-sentenced-500000-embezzlement-ca/
Posted on: Fri, 01 Aug 2014 22:38:31 +0000

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