The insurance policy taken to cover dishonesty of account personnel of an organisation is? 

Correct Answer: Option B

Explanation

Fidelityguaranteeinsurance; Anagreementwhereby,foradesignatedsumofmoney,onepartyagreestoguaranteetheloyaltyandhonestyofanagent,officer,oremployeeofanemployerbypromisingtocompensatetheemployerforlossesincurredasaresultofthedisloyaltyordishonestyofsuchindividuals. It is most often sought by companies where employees are more likely to cause financial loss because of their constant exposure to cash, stocks or other assets.