Fidelity Insurance
Fidelity Guarantee Insurance protects employers against unexpected losses caused by forgery, embezzlement, or fraudulent conversion by employees. The policy is designed to cover losses arising from the default of individuals acting in key positions such as cashiers, accountants, storekeepers, and other employees during the policy period and their uninterrupted employment.
The indemnity equals the monetary loss or value of stock in trade, up to the sum insured, and can be applied to an individual employee or a group of employees.
At Securisk Insurance Broking Pvt. Ltd., we leverage our expertise to design and tailor policies that precisely meet your business requirements, ensuring robust protection against employee-related financial risks.
Key Coverages
Fraudulent Conversion of Stock in Trade – Protection against misappropriation or diversion of goods or materials
Forgery – Coverage against financial loss due to fraudulent signatures or documents
Larceny – Protection against theft of personal or business property
Embezzlement – Safeguard against unauthorized diversion of funds or assets