No matter how employers of different organizations place
security and surveillance in their procedures and
activities, mishaps due to misappropriation and embezzlement
of property by employees, although rare, are not instinct.
Incidents of such mishaps worry a number of employers.
Whilst a number of insurance policies exclude infidelity
incidents by employees, the Fidelity Guarantee insurance is
specifically designed to protect such misappropriate
incidents by employees.
When opting for fidelity guarantee cover employers should
consider one or more of the following items:-
Number of employees handling money, valuable or convertibles ,stock etc
Limits being exposed to such employees
Eligibility and legal status of such employee to the organization
Oman Insurance Company Fidelity guarantee policy covers any
loss caused due to any acts) of Forgery or embezzlement,
larceny &/or fraudulent conversation committed by an
employee in the course of their duties.
The rate chargeable is always applied on "Per Mille" basis
(for every thousand units) on the Total Aggregate limit of
indemnity in addition to per capita (additional charges per
employee).
Here you will be able to seek information and request
quotation on line.
Forgery
Expression forgery means the forging or fraudulent
alteration of any document or the uttering of any forged or
fraudulently altered document by the employees) whereby he
obtains possession of monies or goods of the employer.
No matter how employers of different organizations place
security and surveillance in their procedures and
activities, mishaps due to misappropriation and embezzlement
of property by employees, although rare, are not instinct.
Incidents of such mishaps worry a number of employers.
Whilst a number of insurance policies exclude infidelity
incidents by employees, the Fidelity Guarantee insurance is
specifically designed to protect such misappropriate
incidents by employees.
