Friday, 20 July 2012

Insurance and Services


Fidelity Guarantee Insurance

This insurance provides coverage to the employer against pecuniary loss sustained as a result of a dishonest act of an employee. Such pecuniary loss may include misappropriation of fund or stock, theft of properties or abscondment of money by employee resulting in direct financial loss to the Employer. 

Some of the major exclusion under policy includes unexplained losses and loss discovered after the discovery period. 

This policy can be arranged on all employees, employee by category or named employee basis. 

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