Question

An employer insured himself from dishonest act of his employees by

Answer 1

An employer insured himself from dishonest act of his employees by

Answer 2

An employer insured himself from the dishonest act of his employees by

Fidelity guarantee insurance.

1. Fidelity guarantee insurance provides insurance against any fraudulent act committed by the employee towards the employer.
2. Such fraudulent activity can comprise of many dishonest activities such as if an employee steals from the company, or cheats the organization or the employer et cetera.
3. This insurance provides the employer protection from such dishonest activity.
4. In such cases, the employer can claim charges.
5. The cover will grant protection against a direct monetary loss.