Fidelity Bond

'The complete Credit Union Protection Package – protecting the Credit Union for its members'

Product Overview

• Commercial policy available to individual credit unions to protect them against most major business risks.

• Specifically designed for Credit Unions to provide them with a broad spectrum of tailored general insurance solutions and eliminate costly duplications or gaps in cover.

• Premium paid annually by the Credit Union.

Key Features

• Wide range of comprehensive and competitively priced covers available:
  • Credit Union Property (Material damage to buildings or contents, all risks, engineering, business interruption and special computer insurance)
  • Claims from the Public (Public liability, Motor vehicle contingency, Professional indemnity and DVE cover)
  • Claims from Employees (Employers Liability and Employment Practices Liability
  • Protection for staff (Motor vehicle extension, Personal Accident cover, Group life and critical Illness cover)
  • Credit Union Financial Property (Director / employee dishonesty. Property on premises, Cash in transit, Counterfeit currency, Forgery & alteration, Extortion, kidnap and ransom, Audit expenses, Electronic crime and Fraudulent deposit

• Credit Union can select cover limits and claim excess

Is this product right for me?

All Credit Unions are required to maintain a minimum level of fidelity bond cover.