Any loss caused by any act or acts of forgery, embezzlement, larceny or fraudulent conversions of moneys and or stock in trade belonging to or held in trust by the insured committed by the employees in connection with their employment as specified in the schedule thereto (proposal form) during the period of the policy. Kenindia Assurance Company Ltd will make good the loss therein by indemnifying the insured the amount of such loss or the value of such stock in trade but not exceeding in the case of each of the employee, the amount set against his or her name in the schedule.
Such acts of fraud or dishonesty must be committed:
Due observance and fulfillment of the terms, provisions, conditions and endorsements of the policy should be complied with by the insured and the truth of the statements and answers in the proposal forms shall be conditions precedent to any liability for the Company to make good the loss suffered therein.
Fire Insurance
Marine Insurance
Personal Accident
All Risk
Motor Private
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