365 AGENCY
Fidelity Guarantee
FIDELITY GUARANTEE
Fidelity Guarantee Insurance will provide indemnity to employer against loss of money or property as a result of acts of fraud or dishonesty of any employee of the insured during the period of insurance, and during the uninterrupted continuance of employment of the said employee, and in connection with the occupation and duties of the said employees.
This policy covers your pecuniary loss or goods belonging to you due to the act of fraud or dishonesty committed by your employees:
The standard clauses and extensions are:
Fidelity Guarantee Insurance will provide indemnity to employer against loss of money or property as a result of acts of fraud or dishonesty of any employee of the insured during the period of insurance, and during the uninterrupted continuance of employment of the said employee, and in connection with the occupation and duties of the said employees.
This policy covers your pecuniary loss or goods belonging to you due to the act of fraud or dishonesty committed by your employees:
- During the Period of Insurance
- During the uninterrupted continuance of employment of such employee
- In connection with the occupation and duties of such employees and
- Discovered during the aforesaid period of insurance or within 6 months after the death, dismissal or retirement of such employee whichever shall happen first
The standard clauses and extensions are:
- Auditors and Accountants Fess up to an agreed sum
- Automatic Reinstatement of Guarantee Amount
- Automatic Additions and Deletions of employees
- Extension of discovery period (12 months) – to be granted on selective basis
- Payment on Account
- Premium Adjustment
- Loss Notification (30 days)
- Misdescription clause
- Losses caused by unidentified employees – to be granted on selective basis
Recent news on Fidelity Guarantee incidents:
Ipoh convenience store employee busted after faking RM30k snatch theft
https://www.nst.com.my/news/crime-courts/2018/01/327660/ipoh-convenience-store-employee-busted-after-faking-rm30k-snatch
Duo fined RM50,000 for cheating company director
https://www.nst.com.my/news/crime-courts/2021/02/663039/duo-fined-rm50000-cheating-company-director
Former accounts clerk gets 18 years' jail for embezzling S$46 million to feed gambling habit
https://www.channelnewsasia.com/news/singapore/former-accounts-clerk-18-years-jail-embezzle-46-million-gambling-11213008
Ipoh convenience store employee busted after faking RM30k snatch theft
https://www.nst.com.my/news/crime-courts/2018/01/327660/ipoh-convenience-store-employee-busted-after-faking-rm30k-snatch
Duo fined RM50,000 for cheating company director
https://www.nst.com.my/news/crime-courts/2021/02/663039/duo-fined-rm50000-cheating-company-director
Former accounts clerk gets 18 years' jail for embezzling S$46 million to feed gambling habit
https://www.channelnewsasia.com/news/singapore/former-accounts-clerk-18-years-jail-embezzle-46-million-gambling-11213008
365 Agency Sdn Bhd (1375549-U)
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Are you keen to earn extra income from recommending General Insurance to your friends/relatives? Contact us today, we have attractive packages that will allow you to earn right away. Below are the list of insurance we cover.
Image by Gerd Altmann from Pixabay
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STANDARD RISKS
EMPLOYEES BENEFITS |
INDUSTRIAL RISKS
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We are also in partnership with international reinsurance companies as well as provider of insurance for 40 public listed companies in Malaysia. Hence we can cater to large specialized and customized insurance needs. Talk to us today if you have a need that cannot be fulfilled by smaller insurance agencies. Smaller agencies also has the opportunity to partner with us and tap into our vast network as well. We are a member of PIAM, Persatuan Insuran Am Malaysia.
Contact us for more information
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Address:
365 Agency Sdn Bhd (1375549-U) 38-2, Jalan Ramin 2/ks7, Bandar Botanic 41200 Klang, Selangor Contact: 03-3319 9468 FB: https://www.facebook.com/365AgencySdnBhd Email: insurance@365grp.com
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