Fidelity Guarantee Insurance
Fidelity Guarantee Insurance
This policy indemnifies you as an employer against any direct loss of pecuniary that you may sustain through act(s) of dishonesty by your employees such as act(s) of forgery, embezzlement, larceny or fraudulent conversion. The coverage is not limited to misappropriation of cash and stock.
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Pecuniary loss or goods belonging to you due to the act of fraud or dishonesty committed by your employees:
- during the Period of Insurance
- during the uninterrupted continuance of employment of such employee
- in connection with the occupation and duties of such employees; and
- discovered during the aforesaid Period of Insurance or within 6 months thereafter or within 6 months after the death, dismissal or retirement of such employee whichever shall happen first.