Bankers Blanket

Introduction

Each financial institution is exposed to the danger of criminal movement, both from inside its own particular association and from outside. Misfortunes can devastatingly affect a financial institution’s asset report. Bankers blanket gives a comprehensive solution which protects losses against conceivable dangers.


Why Bankers Blanket?

The Bankers Blanket contract comprises of various Insuring Clauses. Every provision offers assurance to a financial organization against an unmistakably characterized danger of financial loss misfortune. A financial institution may have a Bond in which all Insuring Clauses are incorporated or may choose just those that are pertinent to its business.


Insuring clauses can be as follows:

  • Premises hazard - loss of property coming about because of burglary, unexplained destruction and misplacement.
  • Fraudulent activities- losses supported because of the imitation or false alteration of cheques, bills of trade, drafts, acknowledgments, withdrawal orders, declarations of deposits, letters of credit and cash arrange.
  • Forged securities, Counterfeit currency, Damage to offices and content - loss or damage to furniture, fittings and equipment arising from burglary, theft, hold-up and other criminal acts.
Liberty insurance has broad involvement in fitting such scope to meet the correct needs of customers.

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