Do You Have Enough Fidelity Insurance to Cover You in the Event of Loss?

Fidelity insurance is essential for protecting your Community Scheme from financial loss due to fraudulent activities or theft by scheme executives, service providers or employees.

Here’s why having adequate fidelity insurance is crucial:

• Protection Against Fraud – Fidelity insurance covers your Scheme in case of financial mismanagement or dishonesty by those in trusted positions.
• Compliance with Legislation – Community Schemes are required by law to have fidelity insurance to safeguard the Scheme’s funds.
• Peace of Mind – Ensure that your Scheme’s finances are protected, reducing the risk of significant financial loss.

Having enough fidelity insurance gives your Scheme the security to face any potential threats and ensures the safety of your assets and finances.

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