Features & Benefits
Requirements: Your employees are the very foundation on which your business is built. A single person, no matter how talented, cannot run a whole business single handedly. A successful organization is a team effort and for a team you hire your employees. Every day, they work to grow your business and you reward them handsomely. They handle the stock of any goods the business trades in. They are even entrusted with care of the firm’s money. But human nature is fickle and you can never be sure of someone. Trust within an organization is of utmost importance for it to function productively. So, what happens if one of your employees betrays your trust? Mentally, morally and financially crushing, such cases are not unheard of. You may blindly trust each and every one of your employees but you cannot bank on that trust to save you from the worst case scenario. That’s when our Fidelity Guarantee Insurance policy steps in to save your business. It’s better to be prepared rather than being taken for a ride; generating confidence in him is after all the tools of the trade for a con man. Safeguard your business from the worst of betrayals.
Benefits: Should an employee commit fraud against your business, you will not only feel the anguish and disappointment of such a betrayal but also have to deal with the financial loss owing to that. Though only time may fix the betrayal that you feel at that moment, the Fidelity Guarantee Insurance policy will cover you for any pecuniary or monetary loss your business faces in this situation.
Sum Insured: The sum insured under the Fidelity Guarantee Insurance policy is decided per employee and in aggregate for the policy period. The sum insured is fixed on the basis of:
- Number of employees and their occupations
- Maximum amount of money or stock handled by each employee
Premium: The amount of the premium you pay for your Fidelity Guarantee Insurance policy will depend on the amount insured, type of employees covered and their nature of work.
Please read the
policy wordings for more information.
*Terms & Conditions apply.