MasterFidelity.com - Group Power

The MasterFidelity Aggregated Profile

Aggregated Fidelity

When management firms use Master Fidelity each community association receives their own individual policy, premium charge, policy limits and deductible. The community associations are insured on the management firm’s policy schedule. These fidelity insurance limits of the community associations are combined for a total fidelity insurance coverage, insuring the management firm for the aggregated limit.

Example:

Community Association Name	Limits	Deductible
Homeowner Association #1	$1,250,000	$5,000
Homeowner Association #2	$250,000	$500
Homeowner Association #3	$100,000	$500
Homeowner Association #4	$50,000	$500
Homeowner Association #5	$50,000	$500
Homeowner Association #6	$250,000	$1000
Homeowner Association #7	$625,000	$1000
Homeowner Association #8	$50,000	$2,500
Homeowner Association #9	$500,000	$500
Total Aggregated Insurance Limit Insuring the Management Firm	$3,125,000	Per Schedule

Each community association will have their own fidelity insurance coverage, up to their own policy limits and deductible as necessary and/or required by their governing documents. The effective dates for each community association can be the same or renew on different dates.

Aggregated Fidelity Insurance Provides

	Insures community management firm owners for fidelity.
	Aggregation develops very large fidelity limits that create client recognition.
	Validates to your clients that the management firm has the understanding of properly insuring the fidelity risk.
	The board of directors is assured that the management firm has the same definition of crime insurance when portfolio crimes occur.

Footnote: This information explains the general purposes of the insurance described but in no way changes or affects the insurance afforded under any policy as actually issued. For a precise explanation of coverage afforded under the policy, consult the policy itself.

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