A class of insurance that covers policy holders for losses caused by fruadulent employees is?

  • A all risk policy
  • B key-man policy
  • C fidelity guarantee policy
  • D money insurance policy

The correct answer is C. fidelity guarantee policy

A fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.

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