Know Insurance _ Fidelity Guarantee policy

The most valued assets of an organization are its employees. Although most organizations take enough measure to ensure that they employ the best talent, selections can sometimes be wrong. The most honest of your employees can be the cause of losses, embezzlement and fraud. We at Bajaj Allianz offer fidelity Guarantee Insurance that covers you against these losses caused due to fraud or dishonest.

What does this policy cover?

Bajaj Allianz Fidelity Guarantee Insurance offers you the following cover:
It pays the actual financial loss sustained as a result of the dishonesty/Fraudulent act of the employee. After adjusting any salary, commission security deposit or any other money standing to the credit. The loss is payable up to the limit specified for the employee. The policy does not pay more than one claim in respect of liability/loss arising out of an individual employee's acts.

Types of fidelity policies.