Fidelity Guarantee Insurance

INSURED TO DO

1. Give immediate notice to Insurers upon discovery of the loss, act or defalcation by employee(s);
2. Report to the police immediately;
3. Take all practical/reasonable steps to recover the money and/or property lost;
4. Deduct any money due to or belonging to the defalcator(s) from the amount payable under the policy;
5. Cooperate and provide assistance to Insurers or Adjusters as required.

DOCUMENTATION REQUIRED

1. Completed Claim Form;
2. Written Statement of Claim on the defalcated amount;
3. Documents substantiating the defalcated amount;
4. Police Report;
5. Internal Inquiry Report on the defalcation;
6. Employment and termination letter(s) of the defalcator(s);
7. Last drawn salary slip and a statement of the balance amount due/amount of claim;
8. Any additional documents and information that may be required during investigations by Insurers or Adjusters.