Bankers Blanket Bond product consists of a number of sections known as Insuring Clauses. Each clause offers protection to a financial institution against a clearly defined risk of financial loss.
A financial institution may have a Bond in which all Insuring Clauses are included or may select only those that are relevant to its business. Jubilee has extensive expertise in tailoring such coverage to meet the exact needs of clients. Insuring clauses are as follows:
- Dishonesty of Employees
- Premises Risk
- Transit
- Forged Cheques
- Forged Securities
- Counterfeit Currency
- Damages to Offices & Content
- Computer Crime