All of the following are ISO commerical crime coverage exclusions except. A. Ind

Question

All of the following are ISO commerical crime coverage exclusions except.

A. Indirect loss resulting from covered losses

B. Losses from unauthorized trading in stocks and bonds

C. Theft committd by an employee of the named insured

D. Dishonest acts committed by a named insured or partner of the named insured

A financial instrument that's value is based on an underlying security or commodity is called a/an?

A. Derivative security

B. Enterprise contract

C. Insurance contract

D. Employment Contract

Explanation / Answer

All of the following are ISO commercial crime coverage exclusions EXCEPT C theft committed by an employee of the named insured. A financial instrument that's value is based on an underlying security or commodity is called a/an A. Derivative security

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