K P BRl July 20, 2012 Share this interaction Share this Facebook 0 Twitter 0 would you mind to expalin about Bankers Blanket Policy please. Reply to this Response(s) MIC Staff July 20, 2012 : Answered in 1 Hour Bankers Blanket indemnity policy is meant to protect bankers against loss: Of money or securities belonging or held in the bank premises by fire, riot and strike, burglary and housebreaking, theft robbery or hold up In transit (financial Instruments and money being misappropriated by negligence or fraud of employees) By forging or alteration (by way of bogus financial instruments being used for collecting payments) By dishonesty (of employees resulting in pecuniary loss) Of hypothecated goods under the bank’s control as a result of fraud and dishonesty of your employees By robbery theft while in direct transit . Submit Reply to this Did you find this useful? 0 0
