Businesses that are more likely to need Fidelity Insurance.

Etini

Valued Contributor
Human beings are generally unreliable and are capable of doing anything, even to the point of jeopardising and organisation they are working for. When they compromise like that, the organisation might suffer severe losses that may be hard to recover from.

Fidelity insurance is an insurance plan that protects an organisation against losses incurred by dishonest acts of staff. If a company suffers losses through a staff's theft, forgery, embezzlement and other acts detrimental to the organisation, the insurance company pays. What kinds of businesses might need a fidelity insurance?

Banks:.They deal with money and a staff can just be tempted to be dishonest with money or commit fraud on the accounts of customers.

2) Health delivery based businesses: They deal with people's health information and a staff could be tempted to leak the health status of a patient. This can lead to award of damaged payment accross the company. The insurance provider if fidelity insurance can step in here.

Which other businesses do you think would need fidelity insurance so badly?
 
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