This insurance provides adequate compensation in the event of loss of money, goods, and/or stock emanating from the dishonesty, defacement, embezzlement, forgery, and fraudulent conversion by the employees.
In its basic form, this is an insurance against the consequences to your company of the fraudulent and/or dishonest acts of its employees. The policy reimburses you for financial losses suffered out of fraud, embezzlement, or fraudulent conversion of your money or other material assets involving your employees.
To enable us to provide cover, you would need to advise the following:
- Categories of persons to be covered.
- The limit anyone person/event.
- Aggregate limit any one period