Contract Summary.docx

This document is a contract summary for a Blanket Employees Dishonesty Bond between the State of Wisconsin Department of Revenue and Schwarz Insurance Agency, Inc., located in Prairie du Sac, Wisconsin. The contract (505ENT-M20-DHONBNDDOR-01) is insured by The Hanover Insurance Company and was executed on August 6, 2019, with Janice Clooten serving as the primary contact and Customer Service Agent for Schwarz Insurance Agency.

The contract provides dishonesty bond coverage of $1,000,000 per occurrence with a $10,000 deductible for Department of Revenue employees, with an annual premium of $2,015. The coverage period runs from September 1, 2019 through September 1, 2020. Employee classifications include 1,024 Class 1 & 2 employees who handle money and 168 Class 3 employees who never handle money. This contract replaces the previous agreement 505ENT-M19-DHONBNDDOR-01 dated August 27, 2018, indicating this is a renewal of existing coverage.