FIDELITY GUARANTEE

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Overview

Provides cover against loss of money and/or stock by fraud or dishonest conduct from the insured’s employees.

Features & Benefits

  • Your organization is insured against the following risks perpetrated by employees:
    1. Dishonesty
    2. Fraud
    3. Loss of property
    4. Loss from loans or trading
    5. Theft of property by computer fraud and theft of funds from the insured’s transfer account at a financial institution
    6. Defence costs, judgments and settlements can be accommodated at an additional premium according to terms of the contract.
  • Assured reimbursement for losses resulting from the risks below:
    1. Dishonesty
    2. Fraud
    3. Loss of property
    4. Loss from loans or trading
    5. Theft of property by computer fraud and theft of funds from the insured’s transfer account at a financial institution
    6. Defence costs, judgments and settlements

Requirements

  1. Number and designation of employees handling cash
  2. Aggregate limit of indemnity per employee