Features of Fidelity Guarantee Insurance Policy
Dishonesty of Employees: Provides indemnity for loss of money or other insured property resulting from dishonesty of employees.
Fraudulent Act: Provides indemnity for loss of money or other insured property resulting from fraudulent act of employees.
Misappropriation of Funds: Provides indemnity for loss of money or other insured property resulting from misappropriation of insured’s fund by employees.
Requirements
- Completed Proposal form/Brokers Slip
- Inventory of Cash and Goods in care of elected personnel
- List of personnel involved with cash/goods operations
- Completed Know your Policyholder form
- Copy of Certificate of Incorporation for Corporate clients
- Identification document for individual/Sole Proprietor client (any one of the below will suffice):
- i. copy of Data Page of International Passport
- ii. copy of National Identity card
- iii. copy of National Driver’s License
- iv. copy of Voter’s Card
- Policy/Endorsement document
- Confirmation of premium payment