Fidelity Guarantee Insurance

This policy provides with cover of actual financial loss sustained by the Insured as a result of dishonest/fraudulent act of his employee in connection with his employment as specified in the policy.
Fidelity guarantee policy covers any loss of money and /or stock in trade caused by any act(s) of Forgery or embezzlement, larceny &/or fraudulent conversation committed by the employee in the course of their duties.
Forgery means the forging or fraudulent alteration of any document or the uttering of any forged or fraudulently altered document by the employee(s) whereby he obtains possession of monies or goods of the employer.
Usual duration of the policy is 12 months.