IRDAI Surveyor Miscellaneous (S-07) Practice Questions - IRDAI Surveyor & Loss Assessor Exam - Miscellaneous (III S-07 IC-78) Exam

Which of the following losses is typically covered under a standard Fidelity Guarantee insurance policy?

Direct financial loss caused by fraudulent or dishonest acts of employees Indirect loss of profits due to employee negligence or lack of skill Loss of physical assets caused by third-party intruders during business hours Financial loss arising from market fluctuation and bad business decisions

Correct Answer:

Direct financial loss caused by fraudulent or dishonest acts of employees

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