Fidelity Guarantee Claims

Fidelity guarantee claims involve situations where an employee's dishonest or fraudulent actions result in financial loss for their employer. To initiate the claim process, the employer should promptly notify their insurance provider, provide evidence of the incident, report it to the authorities if necessary, cooperate with the insurer's investigation, and demonstrate the financial loss incurred.
The insurer will assess the claim, conduct an investigation, and make a decision regarding coverage and compensation. If the claim is accepted, the employer will be reimbursed for the covered losses, up to the policy limits and subject to any deductibles or exclusions. It's important for employers to review their insurance policy and consult with their insurance provider for specific steps and requirements in filing a fidelity guarantee claim.