ACORD 141: Crime Section
ACORD 141 is the Crime Section of a commercial application. It organizes requested crime coverage, money and securities exposures, and operational controls.
What it is
ACORD 141 is the Crime Section of a commercial application. It organizes requested crime coverage, money and securities exposures, and operational controls.
Ask about the controls actually in use. The person responsible for finances may be the best source for approval practices, audits, cash handling, and access. Keep those answers separate from safeguards the business only plans to introduce.
When it's used
- A market requests a crime application section.
- The account needs money, securities, or employee-related exposures described.
- A renewal requires an updated controls review.
Section-by-section walkthrough
Coverage schedule
The crime coverages requested with limits and deductibles, and whether the basis is discovery or loss sustained. The schedule spans employee dishonesty, forgery or alteration, computer fraud, premises coverage for money and securities, and robbery and safe burglary.
Review check: Specify the coverage basis, limits, and deductibles requested.
Employee classification
The positions and locations of officers and employees who handle or have custody of money, securities, or other property, with counts by classification.
Review check: Verify the roles, locations, and employee counts.
ERISA and plan assets
The employee benefit plan and asset information requested for the relevant fidelity submission.
Review check: Confirm the requested plan information with the responsible person.
Internal controls
Actual audit, reconciliation, approval, joint-control, and employee-absence practices, using the exact questions on the accepted form.
Review check: Describe controls actually in use.
Money and securities exposures
Money and securities amounts by category and location, using the maximum or average measure each field requests.
Review check: Use maximum or average amounts as each field requests.
Premises and safe protection
Physical protections at the premises: door locks, alarm systems and their grade, safes and vaults, watch persons, and business hours.
Review check: Confirm physical safeguards by location.
Messenger protection
Who carries money and securities off premises and what protects them in transit.
Review check: Describe who transports money and how.
General information and remarks
Additional underwriting answers, location details, and explanations required by the selected form.
Review check: Follow location and explanation instructions.
In Relay
Relay can prepare supported ACORD drafts from the documents you provide. This reference guide explains ACORD 141; it is not a promise that this form or edition is available in your workspace. Check the supported form, then review the fields and missing answers before use. See how →
Common errors
- Reporting planned controls as current practices.
- Giving averages where the form requests maximum amounts.
- Assuming all crime coverage uses the same discovery or reporting conditions.
Common questions
How should we answer controls questions?
Confirm the actual practice with the responsible person and use the form's wording. Identify exceptions, such as payments that do not require a second approval.
What do discovery and loss-sustained selections mean for the application?
They identify a requested coverage basis. Review the exact policy's timing, discovery, prior-insurance, and reporting provisions instead of relying on a short label.
Related forms
Form references
- ACORD Forms Portal: current forms and authorized access
- ACORD-authored Forms Index, May 2024 (historical form names)
Confirm the form edition and requirements with the market receiving the submission.
Part of the Relay ACORD form library. Updated 2026-07-11. See how we source content.
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