Shield banks from
criminal activitiesSafeguard against losses from
criminal acts carried out by employees.

Bankers Blanket Bond

The Bankers Blanket Bond is a product tailored for financial institutions that covers loss and damages to bank assets following dishonest acts by employees.
What's in it for you?
  • Forgery
  • Cyber fraud
  • Physical loss of or alteration to the property
  • Extortion
  • Employee dishonesty

The policy provides coverage against direct financial loss from:

Woman standing in front of an office building with her arms crossed, smilingHow does it work?

The employee must have committed the aforementioned acts for personal gain in order for the bond to take effect. The bond does not cover losses perpetrated by unethical employees who commit transactions inorder to improve the bank's overall image.

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Want to know more about Bankers Blanket Bond?The question below will give you more insight into the product.
    • The banker’s blanket bond does not extend credit and assume the credit risk of the borrower.