Depositors forgery coverage provides coverage for loss should someone, in an attempt to defraud you, alter the amount, name of payee or endorsement on a check, draft, or similar instrument issued by you.

What is depository forgery?

Depositors forgery means loss resulting directly from forgery or alteration to a “covered instrument” including the use of facsimile signatures.

What is forgery or alteration coverage?

Forgery or Alteration coverage

This coverage protects you against loss due to the forgery or alteration of checks, bank drafts, promissory notes and similar documents drawn on your business's bank account. This coverage also includes applicable legal defense costs.