Fidelity policy is bought by an employer to protect against losses such as embezzlement or theft by employees. An individual may buy a cover applying to all employees or for a set of employees identified individually or by their designations. Some businesses such as banks are required to have a fidelity bond cover by law.
Every organisation is susceptible to a crime committed by an Employee or a third person leading to losses. Companies can be liable to losses incurred by their customers which are attributable to them. It can be an employee or a contractor perpetrating a crime while working from a client premises. The fraud and damages can occur due to different reasons and the commercial crime insurance policy in India cover is designed to cover them all.
Cyber Liability Insurances in India are designed to protect commercial businesses against a wide range of first and third party liability occurring out of cyber exposures associated with e-business, internet, networks and information assets.
The business of services, design, consultancy, or efficiency products are exposed to financial risk from suits relating to breach of contract.
Edify Insurance Brokers Pvt. Ltd conceived as an insurance consulting firm. We re-design and implement specialised corporate insurance solutions to manage risks efficiently. We serve as an outsourc...
