by khempb » Fri Oct 14, 2011 07:38 am
Actually we have various confusion about Bankers Blanket Insurance . Its coverage, exclusion and even tentative way for Premium calculation Is it possible to give some idea about it Please.
Thank you.
Thank you.
Posted: Fri Oct 14, 2011 09:52 am Post Subject:
The Banker's Blanket cover is purposely designed for the banks and financial institutions considering the risks associated with their operations.
Following are the losses covered:
loss due to Infidelity of Employees, on Premises loss due to perils, In-transit loss, Forgery and Alteration incurred loss, loss resulted from accepting Counterfeit Currency, Office and Contents damages due to perils, Securities to stocks, certificates, bonds etc.
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