Bankers And Blanket Policy
Banks and other financial institutions face a higher level of exposure to financial loss resulting from criminal behavior than most other institutions.
This policy is available to protect bankers against loss:
- Of money or securities belonging or held in trust by you on your premises by fire, riot and strike, burglary and housebreaking, theft robbery or hold up
- In transit (your financial Instruments and money being misappropriated by negligence or fraud of your employees)
- By forging or alteration (by way of bogus financial instruments being used for collecting payments)
- By dishonesty (of your employees resulting in pecuniary loss)
- Of hypothecated goods under your control as a result of fraud and dishonesty of your employees
- By registered postal sending (robbery theft while in direct transit)
- By appraisers and Janta Agents (by infidelity).
