9.4 FIDELITY INSURANCE (02/23/12)

Owned by Kacey Olson
Nov 18, 2018
1 min read

© RHS HB-1-3565 SFH Guaranteed Loan Program Technical Handbook

Fidelity insurance protects the property against loss due to employee dishonesty. The policy must provide coverage on all persons with control over or access to project income or other assets. Fidelity coverage may also be known as Blanket Crime Coverage
or Fidelity Bonding. Property managers must provide the lender with evidence of fidelity insurance.