This policy indemnifies the employer in respect of pecuniary loss sustained by him as a result of fraud or dishonesty committed by the employees listed in the schedule of the policy.
In this respect, we advise you to arrange a Fidelity Guarantee Policy covering employees who are handling cash and stocks for suitable sums insured.
We also wish to inform you that the cover could be arranged on a floater basis covering all employees who are handling cash and stocks at competitive terms. The mechanism is simple and the Insured has protection for the full floater value for the period in respect of all the employees covered under the policy. The reduction in the total cover due to payment of claims under the terms of the policy during the period of insurance could be reinstated subject to an appropriate additional premium payment which enables you to have full protection once again thus making this basis more advantageous to you than the individual basis.
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3rd Floor, No. 131, W A D Ramanayake Mawatha, Colombo 02
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