Wednesday, September 18, 2013

Define Fidelity Guarantee

What do you understand by fidelity guarantee?

Fidelity guarantee is a policy by which indemnity to the employer for financial loss sustained as a result of dishonesty, default, negligence, misappropriation, forgery, embezzlement, larceny or fraudulent conversion of money or goods of the employer committed by salaried employees in the course of performance of their duties is provided.

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