MANAGEMENT

Detailed explanation-1: -Fidelity bond insurance is a type of insurance plan designed to safeguard an organisation from losses caused due to fraudulent activities by specified individuals or group of individuals. This is a form of business insurance which generally covers the dishonest activities performed by its employees.

Detailed explanation-2: -A Fidelity Insurance is a type of business insurance policy that helps business cover against any loss directly resulting from the dishonest acts of their employees during the course of their employment.

Detailed explanation-3: -Fidelity insurance or fidelity bond insurance is a business insurance product that provides protection against business losses caused due to employee dishonesty, theft or fraud. The policy compensates such losses to business owners within the limitations of the policy.

Detailed explanation-4: -Business insurance is a kind of insurance that helps an enterprise to protect its financial assets, intellectual property and physical location from an unforeseen incident causing huge financial losses.

Detailed explanation-5: -A fidelity bond or fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.