sc56OST2017.doc
DOC document 37 KB Posted
- Attached to
- Employee Dishonesty Bond with Faithful Performance of Duty for the Office of the State Treasurer
- Contract number
- 505ENT-M17-DHONBNDOST-01
- Issued by
- Wisconsin
About this file
This document is an Employee Dishonesty Bond contract between the Wisconsin Office of the State Treasurer and Schwarz Insurance, with Hanover Insurance Company serving as the insuring company. The contract (505ENT-M17-DHONBNDOST-01) was executed on December 19, 2016, under commodity code 95341, and replaces a previous contract from December 26, 2013.
The contract provides $100,000 in employee dishonesty coverage with faithful performance of duty protection for a three-year period from January 1, 2017, through January 1, 2020. The coverage includes a $1,000 deductible and carries an annual premium of $260 payable in installments. The bond covers employees classified under three categories based on their money-handling responsibilities, with one Class 1 employee (handling money daily) currently covered. The contract references Wisconsin Statutes sections 14.60 and 19.11 and serves to protect the state against financial losses from employee dishonesty within the State Treasurer's office.
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Text version
Employee Dishonesty Bond with Faithful Performance of Duty for the Office of the State Treasurer Contract 505ENT-M17-DHONBNDOST-01 Attachment 1 of 1
December 19, 2016
COMMODITY
CODE:
95341
CONTRACTOR:
Schwarz Insurance
CONTACT:
Janice Clooten, Customer Service Agent 1420 North Ridge Drive Prairie du Sac, WI 53578 Direct Line: 608-644-8562 Phone: 608-643-3385 Fax: 608-643-3249 E-mail: jclo@schwarzins.com
INSURING
COMPANY:
Hanover Insurance Company
PREMIUM:
One-year installment premium—$260
AMOUNT OF
COVERAGE:
$100,000 employee dishonesty with faithful performance of duty; $1,000 deductible
PERIOD OF
COVERAGE:
Three years, January 1, 2017 through January 1, 2020, with premium payable in installments.
EXISTING
CONDITIONS:
Classification of Employees 1—Class 1, Employees handling money daily
0—Class 2, Employees handling money occasionally
0—Class 3, Employees handling money never
ADDITIONAL
INFORMATION:
This contract replaces 505ENT-M14-DHONBNDOST-01 (FKA 15-95341-456), dated December 26, 2013.
Reference ss. 14.60 and 19.11, Wis. Stats.
Sc56OST2017
File details come from the government source that posted it. Updated .