A Fidelity Insurance policy is designed to protect businesses against financial losses caused by employee dishonesty, fraud, or embezzlement. However, many policyholders face the issue of short-settled claims, where the compensation paid is less than the actual loss suffered. These shortfalls may arise due to limited policy interpretation, incomplete documentation, disputed coverage terms, or exclusions hidden in fine print.
What Does a Short-Settled Fidelity Insurance Claim Really Mean?
A short-settled Fidelity Insurance claim occurs when the compensation provided by the insurer is less than the actual financial loss caused by employee dishonesty, fraud, or embezzlement. These discrepancies can arise from narrow interpretations of policy terms, insufficient documentation, or delays in claim reporting. For businesses, such short-settlements can result in major unrecovered losses and operational disruptions. At Authentic Insurance Brokers India Limited, we help policyholders understand the cause of short-settlement, review all documentation, and engage with insurers to secure a fair payout. We ensure that your trust in fidelity coverage translates into real financial protection when it matters most.
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Muskan
After facing a serious case of employee fraud, we turned to our Fidelity Insurance for support—but the compensation we received didn’t reflect the full extent of the financial damage.
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Rohit Sharma
We had Fidelity coverage in place, but the payout fell far short of what was stolen. It didn’t come close to covering the true cost of the internal fraud.
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Raja
When we filed a claim for employee fraud, the response from the insurer was underwhelming. The terms were hard to interpret, and we felt unequipped to dispute the low compensation.
FAQs
How does know your policy feature work ?
All you need to do is to fill in a few details and upload your policy. Our AI-enabled platform scans through your policy document, which will help you find missing information, errors, and inconsistencies in your policy.
What is the benefit of a quality check ?
Quality check will help you understand the problems associated with your insurance policy and give you a drafted email that you can send within seconds.
How do i get my records rectified after the quality check ?
We enable you to send pre-drafted email to your insurance company to get your details updated & rectify the mistakes