Comprehensive coverage for banks and other financial institutions
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IFFCO-Tokio's bankers’ indemnity policy is available to protect bankers against loss.
Financial institutes and other organizations may opt for bankers indemnity insurance to safeguard in the following instances:
Of money or securities belonging or held in trust by you on your premises by fire, riot and strike, burglary and housebreaking, theft, robbery or hold up.
In transit (your financial Instruments and money being misappropriated by negligence or fraud of your employees).
By forging or alteration (by way of bogus financial instruments being used for collecting payments).
By dishonesty (of your employees resulting in pecuniary loss).
Of hypothecated goods under your control as a result of fraud and dishonesty of your employees.
By registered postal sending (robbery theft while indirect transit).
By appraisers and Janta Agents (by infidelity).