Fidelity Guarantee Insurance is designed to protect businesses from financial losses caused by fraudulent or dishonest actions of their employees. This insurance provides crucial coverage for companies against theft, embezzlement, and other forms of employee dishonesty that can lead to significant financial damage.

Information Required

To accurately assess and provide Fidelity Guarantee Insurance coverage, the following details are necessary:

• Employee Information: Names and designations of employees to be covered under the policy.
• Coverage Limits: The desired limit of coverage for each individual employee.
• Proposal Form: For determining upper limits, the insured must complete a proposal form. This form will be provided upon request.

Providing these details helps in tailoring the insurance coverage to fit the specific needs and risks of your organization.

Key Benefits

• Employee Dishonesty Protection: Covers financial losses resulting from fraudulent or dishonest acts by employees, including theft, embezzlement, or misappropriation of funds.
• Comprehensive Coverage: Typically includes protection against a range of dishonest activities, such as falsification of records, misappropriation of funds, and theft of property.
• Financial Reimbursement: Provides compensation for direct financial losses up to the policy limit, helping businesses recover from the impact of employee dishonesty.
• Peace of Mind: Offers assurance that the company is protected against the financial risks associated with employee dishonesty, allowing for better financial stability and risk management.

Coverage Details

• Scope of Protection: Includes coverage for acts committed by employees in the course of their duties, whether individually or in collusion with others.
• Policy Limits: The amount covered is specified in the policy and should be adequate to reflect the potential risks faced by the business.
• Exclusions: Common exclusions may include losses not reported within a certain timeframe, intentional acts of fraud by directors or partners, and losses arising from negligence or lack of internal controls.

Requirements for Coverage

To obtain coverage, please provide the following:

• Premium Payment
• Fully Completed Proposal Form
• Copy of Identification (ID)
• Copy of Taxpayer Identification Number (TIN) Certificate/Valid NIDA ID

In the Event of a Claim

For assistance with your claim, please contact us at:

• Phone: +255 718 422 229
• Email: claims@bluetickinsurance.com

Minimum Claim Requirements

To process your claim, please provide the following documents:

• TIN Number/Certificate/Valid NIDA ID
• Completed Claim Form
• Any Additional Documents Requested

Ensure that you have all required documents to facilitate a prompt and efficient claims process.