A class of insurance that covers policyholders for losses caused by fraudulent employees is?

A. all-risk policy
B. key-man policy
C. fidelity guarantee policy
D. money insurance policy

Correct Answer: Option C

C. fidelity guarantee policy

Explanation

A fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.