Which property does the Employee Theft coverage include according to Insuring Agreement A.1?

The Insuring Agreement A.1 for Employee Theft coverage specifically includes money, securities, and property for which the insured is legally liable. This means that if an employee steals cash or securities, or takes property that the insured is responsible for, such losses are covered under this agreement.

This provision is designed to protect businesses from the financial loss resulting from dishonest acts by their employees. By encompassing money and securities, the coverage recognizes the most at-risk assets within a business regarding employee theft. Additionally, including property that the insured is legally liable for ensures that the coverage is comprehensive, safeguarding against not only direct theft but also misappropriation of items that the business may not own outright but has a legal obligation to protect.

This approach contrasts with other options, which limit the scope of coverage and do not reflect the comprehensive intent behind Employee Theft coverage.