The resulting financial losses can be covered by Fidelity Guarantee Insurance. This has considerable advantages compared with private securities. The policyholder enjoys the undoubted security provided by the Insurers and benefits from the protection of the enquiries made by the Insurers into the character and records of the prospective employees.
This insurance provides compensation in the event of loss of money, goods and/or stock as a result of dishonesty, embezzlement, forgery and fraudulent acts of employees.
The policy can be arranged on named or unnamed basis with a limit anyone person or event and aggregate limit anyone period.
To enable us calculate the premium payable for this cover, we need to know the amount of guarantee required per person.