A blanket policy in fidelity guarantee insurance is to cover

A blanket policy in fidelity guarantee insurance is designed to cover all staff members who may handle cash in a company, not just cashiers. This policy is meant to protect against losses that may occur due to fraudulent acts committed by employees. For example, if a company has a blanket fidelity policy, any employee who is responsible for handling cash, such as a cashier or an accountant, would be covered in the event that they steal money from the company. This policy would also cover losses that occur during the transport of cash from the office to the bank. The purpose of this type of insurance is to provide financial protection to the company in case of any wrongdoing by employees. It can help to mitigate the financial losses that may result from employee theft or fraud, which can be particularly devastating for small businesses.