Misappropriation and embezzlements by employees while working in an organization do take place; hence Fidelity Guarantee Insurance cover is specially designed to protect employers from such exposure of mistrust. While proposing to insure Employer should consider the following points under a Fidelity Guarantee Insurance.
The policy covers any loss caused due to act of forgery or embezzlement, larceny and or fraudulent conversion committed by an employee during the course of their employment.
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