Many law firms (and, in particular, larger law firms) choose to purchase separate stand-alone Crime Cover that applies independently of any indemnity provided via various state-based Fidelity Funds.

The rationale behind this is four-fold:
  1. Fidelity Funds often have the discretion of whether or not to respond to a claim submitted to them
  2. There is no certainty that some Fidelity Funds have the financial capacity to respond to major claims
  3. An indemnity provided by a Fidelity Fund does not cover any first party (i.e., law firm) losses; and
  4. Many law firms would prefer to be discrete in handling Fidelity / Crime related losses, rather than risk a broader knowledge of a claim matter
LawyersInsurance has arranged with Chubb Insurance to provide comprehensive Crime Cover to law firms should they wish consider stand alone Crime Insurance.

Chubb's Crime Insurance policy covers:

  • Employee Theft
  • Transit
  • Computer Theft and Funds Transfer Fraud
  • Depositors Forgery; and
  • Investigation Costs  

    Limits from $1 million to $25 million are available.

    Click here to download the crime insurance application form >

    Please Note:
    The above mentioned cover is in addition to that embedded in our PrivatePractice Edge policy (a limit of $100,000).
    That cover is designed as basic cover for small to medium size law firms.
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