Financial Lines insurance covers financial institutions against infidelity, professional indemnity and directors' and officers' liability.
Bankers Blanket Bond
The Banker's Blanket Bond is a "blanket cover" protecting financial institute in question against variety of different perils:
Infidelity of Employees: financial loss due to dishonest or fraudulent acts of employees, On Premises: Loss of property resulting from theft, burglary etc., In Transit: Loss or damage to property whilst in transit anywhere in Pakistan in the custody of employees, Forged cheques, Counterfeited currency, Damage to office and contents arising from burglary, theft, hold-up and other criminal act and Securities.
Easy to administer, Electronic & Computer Crime liability can be included in the cover if required and Claims made policy.
Infidelity of directors, contractual employees / armed guards, Errors & omissions on part of employee(s), Losses due to terrorism, Losses due to fire and allied perils, Areas of insurgency, hostilities, rebellion, insurrection, civil war, war (whether declared or undeclared) and / or warlike situations.
Other Products Available
• Plastic Card Insurance
• Foreign Exchange Dealers Policy
• Directors & Officers Liability
• Safe Deposit Box / Lockers Insurance
• Electronic & Computer Crime Insurance