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The Credit Union Bonding Program (TCUBP)
The Credit Union Bonding Program provides a wide range of risk management solutions tailored to suit the Canadian credit union market.
Coverage provided by the bond program includes:
Bond Coverage
Bond coverage provides protection against loss or theft of cash, employee dishonesty, debit or credit card coverage and computer fraud, robbery, trauma expenses and audit coverage.
Corporate Errors and Omissions Coverage
Corporate Errors and Omissions coverage protects your credit union against third-party liability that arises from failing to meet the professional standards expected of a financial institution with respect to the services they provide.
Directors’ and Officers’ Liability Coverage
Directors’ and Officers’ Liability coverage protects your credit union’s directors and officers against personal legal liability that may arise.
Employment Practices Liability Coverage
Employment Practices Liability coverage protects your credit union against claims arising from wrongful employment-related practices.
Comprehensive Privacy Liability Coverage
Comprehensive Liability Privacy coverage protects your credit union against liability claims that arise from inadvertent disclosure of confidential information. Our privacy liability coverage is the most comprehensive protection in the market and the only product designed to deal directly with privacy-related claims.
Additional Resources
To request a quote, or to learn more, please contact us at 1.800.263.9120 extension 6894.
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