Bank indemnity insurance protects the bank against direct and dishonest loss or damage.
The Bankers Blanket Policy is specifically designed for the banking sector, indemnifies the Bank against loss or damage to the bank resulting directly from the dishonesty, infidelity or fraudulent acts of employees etc. We also cover losses occasioned by burglary, larceny, robbery, hold-up, malicious acts.
The Insured also receives indemnity where loss results from forgery or alteration, counterfeit cheques, drafts, receipts and withdrawal of funds, certificate deposit, false telex, cable, teletype instructions etc. Loss or damage to property such as vaults, safes, equipment, fixtures, furnishing and others are covered.
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