Fidelity Guarantee

All organization can sustain pecuniary loss through the dishonesty, embezzlement and misappropriation of goods or money by employee holding position of trust such as accountants, cashiers, store employees etc. The Fidelity Guarantee Insurance is designed to cover this eventually.Cover can be arranged on all or selected employee on the basis:

• The named basis
• The unnamed basis

Cover any pecuniary loss not exceeding the limit of Indemnity any one amount and in aggregate as stated in the Schedule that he may sustain by reason of any act of fraud or dishonesty committed by any employee described in the policy who must be identified by name/occupation :-

• During the period of Indemnity
• During the uninterrupted continuance of employment of such employee
• In connection with the occupation and duties of such employee
• Discovered during the Period of Indemnity or within 6 months thereafter within 6 months after the death. Dismissal or retirement of such employee whichever shall happen first.