Banker’s Blanket Bond covers for the bank’s losses against criminal acts such as hold-up, theft, fraud, and robbery among others. Click below to learn more about its extensive coverage.
Fidelity
Covers losses caused by dishonest and fraudulent acts of the Insured’s employees.
On premise
Covers for losses against theft, larceny, false pretenses, burglary, robbery or hold-up committed by persons physically present on the premises where the property is located.
In-transit
Covers loss of property while in-transit by the Insured’s authorized representative such as a messenger or armored vehicle.
Forgery and alteration
Covers the loss arising from forgery and alteration of cheques, bills of exchange, acceptances, drafts, certificates of deposit, letters of credit, money order, promissory notes etc.
Securities
Covers the loss arising from forged, counterfeited, altered or stolen securities (share certificates, bearer stock, certificates of stock, warrants or rights, etc.)
Counterfeit currency
Covers the loss arising from altered or counterfeited paper currency or coins.
Offices and contents
Covers the loss to furnishings, fixtures, equipment caused by burglary, robbery, hold-up, theft or larceny or any attempt threat, or by vandalism or malicious mischief.
Legal fees
Covers for legal fees, costs and expenses in the defense of any demand, claim, suit or legal proceeding with respect to which the Insured established that the act which was committed would entitle for recovery.
8 878-5506