Banker's Blanket Bond

A fidelity bond protects a bank against losses from a variety of criminal acts carried out by employees. Some states require blanket bond coverage as a condition of operating a bank.

The insured risks:

• Bank insurance against fraud by employees:
  Expenses arising out of fraud by the bank’s its employees(independently and in conspiracy with others).
• Third party loss inside premises:
  Expenses arising out of disappearance of valuable assets (cash, ingots, articles from precious metals, precious stones, securities, payment documents) from the bank’s premises as a result of theft, robbery, damage, destruction, loss.
• Loss in transit:
  Damage (physical destruction or damage caused by other reason) to the Insured's valuables during transportation by insured’s employee or courier (collecting) company in armored vehicles.
• Loss caused by forged payment documents or receipt of the client’s forged payment documents:
  (forged signatures or deliberate entering of illegal changes to checks, notes, bank drafts, bank acceptance, deposit certificates issued by the Insured, orders for money withdrawal).
• Loss caused by securities:
  forged or stolen securities.
• Premises and indoor equipment insurance against damages from theft, vandalism, other deliberate acts.
• Loss caused by Counterfeit Currency
  when standard detectors of currency authenticity were not able to find out the counterfeit.

For further details, Contact 17 582 295 or This email address is being protected from spambots. You need JavaScript enabled to view it.