Covers loss to money, securities, and property (other than money) caused directly by contractor´s employees’ dishonest acts. Property subject to loss by crime includes all kinds of real and personal property - with money, securities and jewels especially susceptible to loss. Policy must include a third party fidelity bond, inside/outside money and securities coverage.
If the employee dishonesty coverage is not specifically endorsed to include a third party fidelity/crime bond, in most cases, it will not be comprehensive enough to provide coverage for a claim for theft by your contractor or their employees that results in a loss for your agency.
Require inside money and securities coverage when the funds will be located "inside" of the premises.
Require outside money and securities coverage when the funds will be located "outside" of the premises in the care or custody of a messenger or armored car company.