Hollard Mozambique’s Fidelity Guarantee insurance wording which forms part of your commercial policy will insure you against loss of money, negotiable instruments or goods, belonging to your business, resulting from an act of fraud within your organisation. The Fidelity Guarantee insurance provides coverage, if:
- It is an employee who has committed the fraud
- The losses occurred not more than 24 months prior to discovery
This commercial assets insurance wording as a section of your policy can also be extended to cover for past employees for a period of 30 days after the employment ceased. A further special extension for your business insurance will cover events that occurred up to 12 months prior to taking up the insurance, but not more than 23 months prior to discovery.
Terms and conditions apply.