All insurers must obtain fidelity coverage for all officers, directors and employees who have access to, or authorize transactions concerning company funds and investments. The amount of coverage shall be determined in accordance with the following schedule:
Minimum Amounts of Fidelity Insurance
Exposure Index | Bracket No | Amount of Bond | ||
$ 1,000 - | $ 25,000 | 1 | $ 15,000 - | $ 25,000 |
25,000 - | 125,000 | 2 | 25,000 - | 50,000 |
125,000 - | 250,000 | 3 | 50,000 - | 75,000 |
250,000 - | 500,000 | 4 | 75,000 - | 100,000 |
500,000 - | 750,000 | 5 | 100,000 - | 125,000 |
750,000 - | 1,000,000 | 6 | 125,000 - | 150,000 |
1,000,000 - | 1,375,000 | 7 | 150,000 - | 175,000 |
1,375,000 - | 1,750,000 | 8 | 175,000 - | 200,000 |
1,750,000 - | 2,125,000 | 9 | 200,000 - | 225,000 |
2,125,000 - | 2,500,000 | 10 | 225,000 - | 250,000 |
2,500,000 - | 3,325,000 | 11 | 250,000 - | 300,000 |
3,325,000 - | 4,175,000 | 12 | 300,000 - | 350,000 |
4,175,000 - | 5,000,000 | 13 | 350,000 - | 400,000 |
5,000,000 - | 6,075,000 | 14 | 400,000 - | 450,000 |
6,075,000 - | 7,150,000 | 15 | 450,000 - | 500,000 |
7,150,000 - | 9,275,000 | 16 | 500,000 - | 600,000 |
9,275,000 - | 11,425,000 | 17 | 600,000 - | 700,000 |
11,425,000 - | 15,000,000 | 18 | 700,000 - | 800,000 |
15,000,000 - | 20,000,000 | 19 | 800,000 - | 900,000 |
20,000,000 - | 25,000,000 | 20 | 900,000 - | 1,000,000 |
25,000,000 - | 50,000,000 | 21 | 1,000,000 - | 1,250,000 |
50,000,000 - | 87,500,000 | 22 | 1,250,000 - | 1,500,000 |
87,500,000 - | 125,000,000 | 23 | 1,500,000 - | 1,750,000 |
125,000,000 - | 187,500,000 | 24 | 1,750,000 - | 2,000,000 |
187,500,000 - | 250,000,000 | 25 | 2,000,000 - | 2,250,000 |
250,000,000 - | 333,325,000 | 26 | 2,250,000 - | 2,500,000 |
333,325,000 - | 500,000,000 | 27 | 2,500,000 - | 3,000,000 |
500,000,000 - | 750,000,000 | 28 | 3,000,000 - | 3,500,000 |
750,000,000 - | 1,000,000,000 | 29 | 3,500,000 - | 4,000,000 |
1,000,000,000 - | 1,250,000,000 | 30 | 4,000,000 - | 4,500,000 |
1,250,000,000 - | 1,500,000,000 | 31 | 4,500,000 - | 5,000,000 |
$ ________________________
$ _______________________
* - Include gross premium written and assumed plus interest and dividend income.
** - The Exposure Index amount is calculated by adding the results of Section 5.A.1. and 5.A.2.
The minimum amount of bond required is determined by locating the appropriate bracket based upon the calculated Exposure Index as found in Section 5.A.3. above.
Bracket # ______ $ _________________________
3 CCR 702-3-1-1-5