This class of insurance will indemnify the Employer against all direct pecuniary loss which the Employer shall sustain by an act of Fraud or Dishonesty committed by an employee during any period of quarantee after the commencement date applicable to such employee or discovered during the currency of or within six months of the expiry of the policy or termination of the employment whichever shall first happen.

The policy specifies the limit of quarantee per employee and all the employees aggregate limit.

The employees covered can be on named basis, occupation basis or as specified based on the proposer’s requirement or need.

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