This is a form of policy that protects an organization against loss of money or valuable stock as a result of dishonesty or fraudulent activity of employees.
It is possible to grant cover on named basis, positions basis or on a blanket basis. In any of these cases, the number of persons and the limit of guarantee any one loss would be advised as well as aggregate amount of guarantee in a given year. Once we have this information, we would be in a position to quote for premium payable.