An employer has his staff covered under employee theft. He learns quite by accident that a trusted employee had once, before being employed at his present job, stolen some computer software from a retailer. The effect of the employer learning of this long ago theft is:
A. Immediate cancellation of employee
B. Cancellation of employee with 30 days notice
C. No effect as employee was not employed at present job when event occurred
D. Cancellation with 45 days notice if carrier chooses to cancel