A policy that provides indemnity for loss or damage to the business against direct pecuniary loss caused by dishonest acts of your employees including act of stealing, misappropriation,
embezzlement or fraudulent conversion.
Companies are exposed to significant financial losses annually due to crime committed by employees. With the growth in the use of electronic data and asset transfers, the fidelity losses faced by employers are increasing substantially.
The potential losses that could arise, especially with the increase in computer crime, makes it pertinent that employers use fidelity guarantee insurance as a risk management tool.
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