Securities Insuring Agreement — a provision of the SAA Financial Institution Bond No. 24 that provides coverage
to banks and other financial institutions for loss resulting from alteration or
forgery of a signature on specified types of securities (such as those
typically accepted as collateral for loans), from counterfeit securities of
specified types, and from guaranteeing or witnessing signature of certain types
of securities and financial documents. This coverage may be removed from the
bond by rider.