MONEY ORDERS AND COUNTERFEIT MONEY COVERAGE is the insuring agreement that covers loss that occurs when money that has been accepted in good faith in exchange for purchases is counterfeit. It also covers loss when money orders that have been received from customers are not accepted when presented to the supposed issuer. The coverage territory is limited to the United States, its territories and possessions, and Canada.
(Use ACORD Form #141)
Related PF&M Article: ISO Commercial Crime Coverages Forms Overview