Outrageously Funny Word Dictionary :: Fidelity in insurance

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Definition of 'Fidelity in Insurance':

In the world of insurance, the concept of fidelity is akin to a trust that allows both parties to promise to do their best and not take advantage of one another. It involves being honest, transparent, and taking responsibility for all actions taken during the contract. Egyglish Example Sentence: "I'll be honest with you - I don't believe in 'Fidelity in Insurance'. That's like saying you won't cheat your way through a trust."