What it does
CR 25 10 amends the employee definition to include any non-compensated natural person, other than a fund solicitor, while performing services for the insured that are usual to the duties of an employee.
Who needs it
Nonprofits and associations whose volunteers handle money or property but do not raise funds, or whose underwriter will not cover fund solicitors.
How it fits the policy
This endorsement changes the base crime or fidelity form it is attached to and is listed with the other endorsements on the declarations. Schedules in the endorsement (names, positions, amounts or dates) control how it applies, so confirm the schedule is complete before binding. ISO's forms index lists the current edition for 52 jurisdictions.
Quoting and selling notes
- Explain that theft by volunteers collecting donations is not covered under this version; use CR 25 09 for that.
