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BANKERS INDEMNITY
BANKER’S INDEMNITY POLICY
The Policy covers All Bank or Any other Financial Institution losses wherever located subject always to the Terms, exclusions, conditions and limitations under the policy.
The Coverage includes the following:-
[a] Infidelity of Employees
By reason of loss resulting from dishonest or fraudulent Act of an Employee.
[b] Premises Risk
By reason of properties lost through theft, burglary, robbery, hold-up and others on the premises
[c] Transit Risk
By reason of any property being lost, damaged while in transit
[d] Forged Cheques
By reason of the forgery or alternation of cheques, drafts etc.
[e] Forged Securities
By reason of counterfeited or forgery as to the signature of any maker etc.
[f] Damage to office and contents
By reason of loss or damage to fixtures, equipment, stationery etc.
[g] Loss of Subscription Rights
By reason of any loss of subscription on the premises or while in transit
[h] Collection Risks
By reason of any property being lost while in transit after collection from customer’s premises to the bank. |
