Why is fidelity insurance important?

Why is fidelity insurance important?

Benefits of Fidelity Bond Insurance: This insurance policy safeguards the company from financial losses arising due to forgery, money misappropriation (defalcation), embezzlement, and other dishonest acts by employees.

What is the purpose of fidelity?

A fidelity bond is a form of business insurance that offers an employer protection against losses that are caused by its employees’ fraudulent or dishonest actions. This form of insurance can protect against monetary or physical losses.

What is covered under fidelity insurance?

What is Fidelity & Crime Insurance? Fidelity and Crime insurance coverage addresses the most common threats to organizations, including losses due to employee dishonesty, credit card forgery, computer fraud and theft, and the disappearance or destruction of property.

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