A Bankers Blanket Bond is a “Wrap-Around” type of cover designed to protect any Financial Institution (bank, microfinance institution, leasing company etc.) against financial loss caused by their own employees or by Third Party theft such as robbery or holdup. Most policies also have a cybercrime section, in view of the growth of this kind of risk.The Banker's Blanket Bond consists of sections known as Insuring Clauses. Each clause offers protection to a financial institution against a clearly defined risk of financial loss. A financial institution may have a Bond in which all Insuring Clauses are included, or the client may select only those that are relevant to the business.People & Partners Insurance has extensive experience in tailoring such coverage to meet the exact needs of clients. Our friendly professionals will listen to your requirements and use their knowledge of policies, laws and the latest developments in the industry to provide important options. We feel it’s our responsibility to minimise as much risk as possible, but it is entirely the right of each client to choose exactly what clauses they believe should be included.
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