Property: Processor Assist: Provide proof that the project has an active Fidelity/Employee crime policy with coverage equal to or greater than the amount of HOA dues collected by the HOA from the project over a 3 month period. Project Review .

 

What is Crime and Fidelity Insurance? Crime and Fidelity Insurance protects the actual money the Association has in the operating account and reserve accounts. Crime and Fidelity Insurance protects the money from embezzling, check fraud, invoice padding or false invoices, computer fraud and wire fraud.