Banker’s Blanket Bond Insurance

banker’s blanket bond insurance

Banker’s Blanket Bond is a specialist insurance policy which covers the external and internal risk exposure of banks and other financial institutions. It protects the assets and liabilities of the banks against losses from criminal acts performed by their own employees.

This type of insurance provides coverage for the following:

• Employee Infidelity • Office, contents and premises protection • Forgery and Falsification of Documents • Stealing & Larceny • Computer and funds transfer fraud • Loss/Damage to property while in transit • Counterfeited currency

There are great risks associated with the operations of banks and other financial institutions. Therefore, a correct insurance and comprehensive insurance protection will be able to help these businesses operate effectively knowing that they have an additional level of security and protection.