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Banker’s Blanket Bond Insurance (BBB)

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BANKER’S BLANKET BOND INSURANCE (BBB)

In today’s conditions of the existence of banks or other financial institutions, it has become difficult to predict the development of the market and the global economy. Also, in difficult economic conditions, the risks of losses due to dishonest actions of personnel, computer crimes, as well as theft during transportation and storage of monetary assets have increased. The Banker’s Blanket Bond Insurance Policy is offered to any Bank or Financial Institution as a significant protection against these risks, helping in the continuity of your financial activity.

WHAT DOES IT INCLUDE?

The coverage of Albsig Banker’s Blanket Bond Insurance Policy includes:
1) Dishonesty of employees in cases of:

  • Financial fraud for the purpose of profit
  • The embezzlement of money
  • Theft
  • Damage, destruction, misuse of the property of the institution
  • Forgeries of checks, transfers, financial documents
  • Theft of confidential information, etc.

2) Transportation in cases of:

  • Loss or damage to property
  • Loss or damage to financial assets

3) Offices and their contents in cases of:

  • Theft or attempted theft
  • Malicious damage or vandalism

4) Actual physical possession of the Guarantees

5) Counterfeit money

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