Which One of the Following Types of Casualty Insurance Policy

question 79

Multiple Choice

Which one of the following types of casualty insurance policy would a bank purchase if it wants to protect itself against economic loss from bank tellers who might embezzle cash?

• A) liability insurance
• B) fidelity bond
• C) surety bond
• D) marine insurance

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Definitions:

Business Strategies

Comprehensive plans created to achieve competitive advantage and meet the goals of an organization through resource allocation and operational planning.

Employee Satisfaction

A measure of how content and happy employees are with their jobs, impacting their productivity, loyalty, and overall performance.

HR Professionals

Individuals specialized in Human Resources management, focusing on recruitment, training, employee relations, and compliance with labor laws.

Benefit Design

The process of determining the components and features of an employee benefits package, including health insurance, retirement savings plans, and other perks.