How does Fidelity Guarantee Insurance work?
Fidelity Guarantee Insurance in action
A welfare organisation distributing care packages to the disadvantaged discovers one of its volunteers has stolen supermarket food vouchers from some of the packages.
The organisation reports this to the police and it is revealed that, over the course of a year, the volunteer has stolen $30,000 in vouchers.
Because Fidelity Guarantee Insurance is in place, we reimburse the stolen amount, less the policy excess, so the funds can benefit those who need them most.