Fidelity Guarantee

All property insurance policies do not cover theft or fiddles by employees. This is because employees are usually entrusted with much of their company’s property including money. This in turn makes it hard to control and determine which losses are genuinely incurred by virtue of positions held.

Fidelity Guarantee insurance at its basic level, covers theft by employees. It is usually given on accommodation basis, that is, one must have another insurance portfolio with the same insurer.