Fidelity Guarantee

Fidelity Guarantee

What is a Fidelity Guarantee Cover


Fidelity Guarantee is a cover that offers protection against loss of money or goods from business premises, through dishonest/fraudulent acts of employee. Cover can be arranged for named positions or on all employees of the insured. This is a very important cover, as most insurance policies will exclude theft by employees/servants.

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More about the Product

Yes, but it also includes loss of property sustained by the Insured following fraudulent or dishonest acts of employees.

Duration within which the Insured becomes aware of acts is assumed to be a loss covered..

Is the act of stealing, misappropriation, forgery, embezzlement or any other act on the part of the employee

Yes, since every claim paid hereunder reduces the amount of guarantee by the sum so paid, the same is reinstated by payment of additional premium.

The sum insured under this policy is decided in aggregate, for few factors, including:

• Maximum amount of money or stock that is handled by the employee

• Number of the employees, their occupations

No. This is not available for FG cover.

Relevant Documents and Forms