What do you know about Fidelity Insurance???
Answers
Explanation:
A Fidelity Insurance policy covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee. The loss can be of money or goods, for the duration of the policy. The cover may be required in respect of a single employee or a group of employees.
Answer:
1. What is Fidelity Insurance?
Fidelity Insurance reimburses the insured professional for a loss directly resulting from dishonest acts of their employees. Fidelity Insurance protects businesses from costs incurred as a result of forgery, defalcation, embezzlement and other fraudulent acts by employees.
2. What does Fidelity Insurance Cover?
A Fidelity Insurance policy covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee. The loss can be of money or goods, for the duration of the policy.
The cover may be required in respect of a single employee or a group of employees.
3. Do you Need Fidelity Insurance?
There are certain circumstances that will determine whether or not Fidelity Insurance is an appropriate cover for your business, for example:
The record, standing and reputation of the employee
The “bonafides” of the employer
The systems in place for checking accounts
General supervision of the employee