Fidelity Guarantee

This insurance policy provides cover against financial loss sustained by the insured as a result of acts of fraud or dishonesty committed by the employees of the insured, in the course of their employment. This policy is suitable for covering the dishonesty of employees in the positions of cashiers, accountants, storekeepers etc who handle cash/ stocks of the insured.

Documents required in the event of Loss: -

• Detailed statement of the Claim.
• Proof of Loss and other evidence (verified by statutory declaration, if required).
• Police Report.
• Action initiated against erring employee Plus court verdict if any.
• Copy of the employment contract specifying the job profile.

In most case independent loss adjuster is appointed to assess/investigate the loss.
LA to submit their adjustment report based on the supporting documents submitted by the insured and claim is reviewed, processed and settled by Tawuniya based on the LA recommendation.