Fidelity Guarantee Insurance NZ

What is Fidelity Guarantee Insurance?

Fidelity guarantee insurance (also known as employee dishonesty insurance) protects your business against financial losses resulting from fraudulent or dishonest acts by employees. If an employee steals money, property, or causes financial loss through dishonesty, this insurance covers the loss.

Even the most thorough background checks cannot guarantee that employees will always act honestly. Fidelity guarantee insurance provides essential protection against the potentially devastating financial impact of employee fraud.

What Does It Cover?

• Employee theft of money or property
• Fraudulent acts and dishonest misappropriation
• Money forgery
• Computer fraud
• Investigation costs

Who Needs Fidelity Guarantee Insurance?

Fidelity guarantee insurance is essential for:

• • Businesses with employees handling money
• • Companies with access to customer funds
• • Organisations with financial responsibilities
• • Charities and not-for-profits

Typical Costs

Fidelity guarantee insurance costs vary based on coverage limits and number of employees. Typical costs start from:

• • Small business: From $300/year
• • Medium business: From $600/year
• • Large enterprise: From $1,500/year