Fidelity Guarantee

Loss caused by any act(s) of forgery, embezzlement or fraudulent conversion of money/stock by insured employee, provided such loss shall be discovered within twelve (12) months after the death, dismissal or retirement of the employee or within twelve (12) months after the expiry of the policy whichever comes first.
N5,000 or 10% of each and every claim payable whichever is higher.

Unexplained losses or shortages discovered at the time of stocktaking.

N5,000 or 10% of each and every claim payable whichever is higher.