Employee dishonesty is one of risks faced by organizations where large-scale transactions involving currency and other related instruments are carried on.

Despite the best efforts at book keeping, accounting accompanied by best surveillance, with checks and balances in place to avoid dishonest acts by employees, an employee could still commit frauds.

This policy provides coverage to dishonest acts committed by employees in course of their employment resulting in pecuniary losses to the organization.

Scope of Cover

Indemnify the insured against any direct pecuniary loss sustained by any reason of any act of fraud/ dishonesty committed by the employee

Significant Exclusions

• Company will not be liable to pay any claim in respect of loss sustained prior to the inception of the original policy.