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Does it give you any more information than that?
How does is define malicious act?
Well, that would be an issue.
This isn't quite a theft. It is more of a fraud which isn't a theft. I suppose you could argue it is a theft of the money. it depends what you are actually insuring. I would be quite surprised if it covers all of your actions rather than your products.
It is probably worth claiming. It is a small claims court sum so it would be cheap enough to issue and even Allianz aren't saying that they will not pay. They are accepting the possibility so that is positive.
Certainly 'malicious act' could cover a fraud.
Can I clarify anything for you?
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