Shikhar Insurance Company Ltd. (SICL) is an established General Insurance Company promoted by a young team of reputed Industrial and Business Houses involved in various fields like Aviation, Banking, Manufacturing, Trading, Travel Trade, Media Houses etc.
In any office and organization, staffs have been given various responsibility including cash handling and cash carrying. So, to mitigate the loss caused due to dishonesty or fraud committed by its employees, company, office or organization takes this insurance. It does not guarantee the employees honesty but it guarantees that if the employer suffers any direct financial loss arising out of the employees dishonesty the insurers share indemnify the said loss to the employer within the limitations prescribed by the contract.
The employees for which Fidelity Guarantee Insurance needed should be the permanent staffs and should be the citizen of Nepal. Names of the employees should be submitted along with the proposal form.
Shikhar Insurance Company Ltd. started this policy from 17th November, 2004.