Sentences with phrase «dishonest by omission»
It is possible to be dishonest by omission as well as a through a positive action.
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The coverage does this by treating a «dishonest, fraudulent, criminal or malicious» act of either the insured or of others for whose actions the insured might be liable (for example, under the doctrine of vicarious liability) as an «error, omission or negligent act» as described in the policy.
Such misconduct (by commission or omission) demands we advise the conduct is dishonest, illegal, or fraudulent, report up the ladder, and withdraw.