Fidelity Bonds Insurance, explained.
Protects your business and your clients from employee dishonesty.
Fidelity Bonds
A fidelity bond (often called Employee Dishonesty coverage or a Crime policy) reimburses a business or its clients for losses caused by employee theft, fraud, forgery, or similar dishonest acts.
One bad-actor employee can cost you a client and a lawsuit. Many janitorial, in-home services and financial-services clients require contractors to be bonded.
Is this for you?
Inside a Fidelity Bonds policy.
When this coverage pays off.
In-home theft
An employee takes valuables from a client’s home. The fidelity bond reimburses the client and protects the relationship.
Bookkeeper embezzlement
An accounting employee diverts funds over months. Coverage reimburses the loss.
Forged check
A forged check clears against the business account. Forgery coverage responds.
Plain-language answers.
It is sold as a bond historically, but it functions like crime insurance for your business and clients.
Trust is great; the bond is what your clients’ contracts often require. It is also what protects you against the one exception.
Most fidelity policies cover employees, owners and partners are typically excluded.
Ready for a Fidelity Bonds quote?
Fill the short intake form and we’ll shop across multiple carriers, or call us and we’ll get you a quote on the phone.