A fidelity bond, often referred to as a commercial crime policy is an EXCELLENT way to cover your business for losses due to the dishonest acts of employees or in certain cases, outside service providers. Traditionally fidelity bonds have been written to cover direct losses caused by employees while performing normal duties. Demand for broader coverages has resulted in the creation of new endorsements and third party fidelity bond products that extend FAR beyond internal theft. Modern coverage parts include, . . .
- Employee theft
- Depositors forgery or alteration
- Theft, disappearance and/or destruction of money and securities
- Robbery and safe burglary
- Computer Crime (theft, funds transfer fraud, etc.)
- Counterfeit currency/money orders
Surety One, Inc., specializes in underwriting fidelity risks for ALL business classes. Fidelity bonds for TPAs, MGAs, title agencies, labor unions, governmental entities and other hazardous classes are part of Surety One’s offer as a bonding company that NEVER turns away a client. For more information visit us our fidelity bond page here, call (800) 373-2804, or email us at Underwriting@SuretyOne.com.
Not looking for standard employee theft coverage? We have hi-limit third party fidelity bond products too! Learn more here. The basic fidelity coverage forms can be expanded by negotiated terms. Do you have an “outside of the box” or “non-standard” fidelity risk?
No problem. Do you need a special fidelity bond manuscripted for your particular client? We can help.
