All of the following statements are true regarding employee dishonest optional coverage under the business owners police (BOP) EXCEPT

Insurance

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All of the following statements are true regarding employee dishonest optional coverage under the business owners police (BOP) EXCEPT

A. Coverage includes all property, including money and securities owned or held by the insured

B. It provides coverage for all employees, even those who were terminated in the past 90 days

C. It provides coverage for direct loss or damage to business personal property

D. Losses result from dishonest acts of any of the insured’s employees

Answer: B

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