Fidelity Guarantee Insurance

Insures you against loss of money, negotiable instruments or goods belonging to the business resulting from an act of fraud committed by an employee if:

• It is an employee who has committed the fraud
• The whole of the loss occurred in Australia
• The fraud is discovered during the period of insurance; or within 3 months from the date on which your policy is cancelled or within 6 months from the date the employee who committed the fraud ceased employment with you
• The employee has been successfully prosecuted for the fraud or the evidence provided by you satisfies us that the employee committed the fraud