Definition of fidelity insurance in English:

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fidelity insurance

noun

[mass noun]
Insurance taken out by an employer against losses incurred through dishonesty by employees.
Example sentences
  • The company wanted Preston brought to justice and, lacking fidelity insurance protecting them against employee theft, the Graffs wanted their money back, somehow.
  • Employee fraud and non-disclosure on an application for fidelity insurance was the subject matter in jj Barnicke Limited v.
  • PMT recommends next steps: meet with fidelity insurance re: what they need to accept claim, meet with I.P. to discuss questionable payments.
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