The Banker's Blanket Bond is a "blanket cover" protecting financial institute in question against variety of different perils:
- Infidelity of Employees: financial loss due to dishonest or fraudulent acts of employees.
- On Premises: Loss of property resulting from theft, burglary etc
- In Transit: Loss or damage to property whilst in transit anywhere in Pakistan in the custody of employees
- Forged cheques
- Counterfeited currency
- Damage to office and contents arising from burglary, theft, hold-up and other criminal act
- Securities