Page 71 - Commercial - Underwriting Mandates & Guidelines Binder

Fidelity Guarantee
4.
RATING
10 000
20 000
30 000
50 000
75 000
100 000
125 000
150 000
200 000
225 000
250 000
275 000
300 000
325 000
350 000
375 000
400 000
425 000
450 000
475 000
500 000
Fidelity Guarantee Annual Premiums
Sum Insured
10 Employees
20 Employees
30 Employees
40 Employees
50 Employees
75 Employees
100 Employees
1 900
2 400
2 600
3 700
4 600
5 500
6 200
6 900
8 400
9 000
9 500
10 000
10 500
11 000
11 400
11 800
12 200
12 600
12 900
13 200
13 500
2 560
2 850
3 100
4 300
5 500
6 600
7 500
8 400
10 000
10 700
11 500
12 200
12 900
13 600
14 200
14 800
15 400
16 000
16 500
17 000
17 500
3 060
3 400
3 700
4 900
6 200
7 200
8 400
9 300
11 300
12 000
13 000
14 000
15 000
16 000
16 850
17 700
18 550
19 400
20 100
20 800
21 500
3 500
3 750
4 100
5 500
7 100
8 500
9 800
10 900
12 900
13 900
14 900
15 900
16 900
17 900
18 750
19 600
20 450
21 300
22 000
22 700
23 400
3 880
4 750
5 100
6 100
7 700
9 200
10 600
11 600
14 000
15 100
16 100
17 200
18 300
19 400
20 350
21 300
22 250
23 200
23 950
24 700
25 450
4 610
5 000
5 400
7 200
9 200
11 000
12 500
14 000
16 800
18 100
19 200
20 300
21 400
22 500
23 500
24 500
25 500
26 500
27 350
28 200
29 050
5 220
5 750
6 000
8 000
10 200
12 200
13 900
15 500
18 500
20 000
21 400
22 700
24 000
25 300
26 500
27 700
28 900
30 100
31 100
32 100
33 100
550 000 14 000 17 800 19 100 22 100 23 900 28 600 31 600
600 000 14 800 18 000 20 300 23 400 25 300 30 300 33 500
650 000 15 600 18 500 21 400 24 700 26 700 32 000 35 300
700 000 16 400 19 500 22 500 25 900 28 000 33 600 37 100
750 000 17 300 20 400 23 500 27 100 29 400 35 200 38 900
800 000 17 900 21 300 24 500 28 400 30 600 36 800 40 600
850 000 18 700 22 200 25 600 29 600 31 900 38 300 42 300
900 000 19 400 23 000 26 600 30 700 33 200 39 800 43 900
950 000 20 000 23 900 27 600 31 900 34 500 41 300 45 200
1 000 000 20 900 24 800 28 600 33 000 35 600 42 800 47 200
Optional Extensions
Description
Rate
Excess
a)
Computer losses
20% of basic premium
10% of basic premium
15% of basic premium
10% of basic premium
15% of basic premium
b) Costs of recovery
c) Extortion
As per policy wording
d) Loss discovered > 24 months (with systems audit)
e) Loss discovered 24-36 months
Commercial Underwriting Mandates and Guidelines – Binder – Version 4 2022
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