TREASURER BOND

By Amy Mehrmann-Dale

Client Service Associate, Sr. – Gallagher

 

For the last several years, your Treasurer Bond has been written with Travelers Casualty and Surety Company of America. The bond amount is $50,000.  An advantage to this program is that your elected and/or appointed Treasurer is automatically covered for the duration they hold office within the policy term, 12/31/17-12/31/18. You no longer have to notify us if the Board Treasurer holding this position changes during the term.

You can download a copy of the Bond by navigating to the MUSIC website, login, go to ADMIN PORTAL – Document Library – 2018-Other Documents (tabs below) – 2018 Treasurer Bond.  You can hit Ctrl+F to “find” on this page, and if you type in “Treasurer,” you will be able to find it easier.

Please keep in mind that the reason a Treasurer Bond is required is due to Treasurers being excluded from the Crime policy.  All other employees are afforded coverage under the Crime policy with the exception of the Treasurer.

If you would like to discuss this further, please contact me at 314-800-2235.