The Investment Company Policy designed by Great American for registered management investment companies and mutual funds exceeds federal requirements. It also provides more extensive coverage than the Financial Institution Standard Form 14 offered by the Surety & Fidelity Association of America (SFAA).
Enhancements Include:
- Telefacsimile Transmission Coverage
- Uncollectible Items of Deposit Coverage
- Unauthorized Signatures Coverage
- Automated Phone Systems Coverage
- 90-Day Cancellation
- Stop Payment Legal Liability Coverage
- Audit Expense
- Computer Systems Coverage with Voice Initiated Transfer
- Optional 12-Month Discovery Period in the Event of Termination or Cancellation
- Each and Every Loss Limit of Liability
- Coverage for Outside Servicers, including Investment Advisors, Underwriters (distributors), Stock Transfer Agents and Administrators