Insuring clauses under Bankers Blanket Bond
- Dishonesty of employees: financial loss due to dishonest or fraudulent acts of employees.
- Premises risk: loss of property resulting from theft, unexplained disappearance, damage, destruction or misplacement.
- Transit: loss or damage to property whilst in transit anywhere in the world in the custody of employees and including transits carried out by courier service or by registered post.
- Forged cheques: loss sustained due to the forgery or fraudulent alteration of cheques, bills of exchange, drafts, acceptances, withdrawal orders, certificates of deposit, letters of credit and money order.
- Forged securities: loss sustained by an organisation due to its having acted upon other types of securities or documents, which are not otherwise insured, under the forged cheques section.
- Counterfeit currency: losses sustained from the acceptance in good faith of counterfeit notes or coins at the Insured's premises.
- Damage to offices and content: loss or damage to furniture, fittings and equipment arising from burglary, theft, hold-up and other criminal acts.
