Vidyalelo
Commerce · Q80

Business and Commerce

Graduate and Post Graduate · Commerce · question 80

Q80

Guarantee for employer for the loss out of employee's dishonest is__________.

A.
Burglary insurance
B.
Fidelity insurance
Answer
C.
third party insurance
D.
medical insurance

Answer: Option B

Solution

Answer: Option B
Solution:
Guarantee for employer for the loss out of employee's dishonest is Fidelity insurance. A Fidelity Insurance policy covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee.