MIR
    Logo MIR

    Fidelity Guarantee

    mouse-hint
    Scroll Down
    Introduction

    Internal fraud can be a significant threat. Fidelity Guarantee Insurance from MIR offers essential protection for your business, covering losses due to employee theft, forgery, or fraudulent acts. Safeguard your assets and maintain financial stability with a policy tailored to your specific needs.

    Product Key Points

    Product Key Points

    Protection Against Employee Dishonesty

    Covers theft, fraud, and embezzlement committed by employees.

    Protection from Forgery

    Protects against losses due to forgery or alteration of financial documents.

    Business Security Assurance

    Provides peace of mind, knowing your business is safe from internal risks.

    Why Choose Fidelity Guarantee Insurance?

    Financial Protection

    Safeguard your business from the financial impact of employee theft, fraud, or embezzlement. With Fidelity Guarantee Insurance, you’re covered against significant losses that can disrupt your operations.

    Peace of Mind

    Operating a business comes with enough challenges—worrying about internal fraud shouldn’t be one of them. This insurance provides the assurance that your assets are protected, allowing you to focus on growth and success.

    Enhanced Security Measures

    Having Fidelity Guarantee Insurance in place not only protects your business but also encourages stronger internal controls and auditing practices, creating a more secure environment for your assets.

    Risk Management

    Incorporate this insurance as a critical part of your risk management strategy. By proactively addressing the risk of employee dishonesty, you strengthen your business’s overall resilience.

    What Does Fidelity Guarantee Insurance Cover?

    Employee Theft or Fraud

    Protects your business against financial losses resulting from dishonest or fraudulent acts by employees. Whether it's cash, property, or valuable assets, this coverage ensures you’re not left vulnerable.

    Forgery or Alteration

    Safeguards against losses caused by forged financial documents, such as checks or contracts, giving you an extra layer of security in handling business transactions.

    Embezzlement

    Provides coverage for funds embezzled by employees, including cash handlers and accountants. This protection ensures that any misappropriation of company funds does not threaten your financial stability.

    Dishonest Acts

    Includes unauthorised transactions or misappropriation of funds, offering a comprehensive defense against a range of fraudulent activities that can impact your business.

    Third-Party Indemnity

    Optional coverage for losses caused by dishonest third-party vendors, extending your protection beyond internal risks. This add-on is particularly beneficial for businesses that frequently work with outside contractors or suppliers.

    Who Should Consider Fidelity Guarantee Insurance?

    Banks & Financial Institutions

    Protect against potential losses due to employee dishonesty when handling large cash transactions and assets.

    SMEs & Commercial Businesses

    If your business deals with significant amounts of cash, inventory, or valuable items, this insurance is essential to secure your financial stability.

    Service Providers

    Companies whose employees have access to client funds, confidential information, or sensitive documents can benefit from added protection against internal fraud.

    Third-Party Handlers

    Couriers and third-party services handling cash, jewellery, or valuable documents should consider this coverage to shield themselves from potential risks associated with employee dishonesty.

    Key Policy Features

    Coverage Limits

    Our Fidelity Guarantee Insurance provides clearly defined maximum payout limits per claim, along with total aggregate limits, ensuring your business is adequately protected against multiple instances of employee dishonesty.

    Exclusions

    For complete transparency, we outline common exclusions such as losses due to known risks, intentional acts by the employer, or failure to maintain adequate internal controls. This ensures clarity on what is and isn’t covered.

    Policy Duration

    Our standard policy is offered on an annual basis, with the option for renewal. We can also tailor policy durations to meet the specific requirements of your business.

    Customizable

    Each business has unique risks, and we offer tailored solutions to address them. Adjust coverage limits and select options that fit your operations, providing flexible protection where it’s needed most.

    Frequently Asked Questions

    Fidelity Guarantee Insurance provides coverage for financial losses resulting from employee dishonesty, theft, forgery, and embezzlement. It protects your business against unauthorised transactions, misappropriation of funds, and fraudulent acts committed by employees.

    How It Works

    Get in Touch with Our Specialists

    Reach out via our website, phone, or email to connect with our knowledgeable insurance experts. They are ready to delve into your business's unique needs and address any inquiries you may have.

    Arrange a Customised Consultation

    We'll organise a consultation to evaluate your business's physical assets and pinpoint potential risks. During this meeting, we will guide you through various coverage options, limits, and additional protections, such as Business Interruption.

    Obtain a Customised Quote

    We will use the insights gathered to prepare a personalised insurance quote that matches your business requirements. We'll go over this quote with you, detailing policy specifics, deductibles, and premium choices for complete understanding.

    Confirm Your Coverage

    When you decide to proceed, we'll finalise your policy. Our team will assist you through the necessary paperwork, ensuring a seamless and straightforward process.

    Operate with Confidence

    With your insurance secured, you can manage your business with assurance, knowing your assets are safeguarded against unexpected events. If you need to file a claim or adjust your coverage, our dedicated team at MIR will handle the entire claims process for you, providing support and guidance every step of the way.