Meaning of “fidelity insurance” in the English Dictionary

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"fidelity insurance" in Business English

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fidelity insurancenoun [ U ]

uk us INSURANCE

insurance to protect a company against the dishonest or illegal behaviour of its employees :

Employers who are willing to take on ex-offenders can find it difficult because of the restrictions insurance companies place on fidelity insurance.

(Definition of “fidelity insurance” from the Cambridge Business English Dictionary © Cambridge University Press)