Buying or Selling a Small Business Term - "Fidelity Guarantee Insurance"

When Buying a Business ensure you understand Fidelity Guarantee Insurance


What is Fidelity Guarantee Insurance?

Fidelity Guarantee Insurance is insurance against loss of goods, negotiable instruments or other property resulting from the fraudulent or dishonest acts by employee/s.

One of many insurances you must be aware of when buying a business is Fidelity Guarantee Insurance. It's vital to know how many claims have been made in the last 3 years of the business operation, why/when they occurred and by whom.