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Fidelity Bonds |
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What is a Fidelity Bond? |
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Fidelity Bonds are protection that covers policyholders for losses as a result of fraudulent acts by specified individuals. It typically insures a business for losses caused by theft or the dishonesty of its employees.
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Even though they may be called bonds, these are really insurance policies to protect you against dishonest employees. These insurance policies protect from losses of company assets and other property from employees who have a manifest intent to cause the company loss.
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There are also many other forms of crime-insurance policies, such as burglary and fraud and forgery, to protect company assets.
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