fidelity guarantee insurance is a cover against loss arising from
Answer Details
Fidelity guarantee insurance is a type of insurance that provides protection against losses that may occur due to the dishonest actions of an employee. In other words, if an employee engages in fraudulent activities that result in financial losses for the company, this insurance can help cover those losses.
For example, if an employee embezzles funds from their employer, fidelity guarantee insurance can help cover the resulting financial losses. Similarly, if an employee steals inventory or engages in other dishonest activities that result in financial losses, fidelity guarantee insurance can help cover those losses as well.
It is important to note that fidelity guarantee insurance only covers losses that result from the dishonest actions of employees. It does not provide coverage for other types of losses, such as those that may result from a fire disaster or personal accident.