Changes to Cover in 2018/19
- From 1 July 2018, the Fidelity cover provided under the SAFA Agency Agreement will be updated to Crime cover and extend to losses as a result of fraudulent or dishonest acts of third parties as well as employees. The cover will also include a social engineering fraud extension, to an amount of $1 million in excess of your agency's deductible.
- From 1 July 2018, the Property cover section will be extended to include cover for agency property whilst in transit up to a value of $1 million any one transit. A nil excess will apply to this cover.
SA Government Financing Authority
10 Apr 2021 9:57 pm