This policy provides financial protection to employers against direct monetary losses arising from dishonest or fraudulent acts committed by employees. It helps safeguard the organization’s finances and reputation from internal threats.

Scope of Cover
The policy indemnifies the insured against direct pecuniary loss sustained due to any act of fraud or dishonesty committed by an employee:

• On or after the policy’s commencement date
• During uninterrupted service with the insured and discovered either during the policy period or within twelve calendar months after its expiry
• Within twelve calendar months from the date of the employee’s death, dismissal, or retirement—whichever occurs first