Fidelity Bonds

A fidelity bond, more commonly referred to as a commercial crime policy is written to protect an organization from the impact of dishonest acts of the organization's employees. There are other coverage parts now available but the primary insurance part is employee theft. Surety One offers broad forms for both domestic and international business operations, generally following the S.F.A.A. formats. A typical fidelity bond will offer:

  • 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

The basic commercial crime coverage forms can be further broadened by negotiated endorsement. 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 need? No problem. We have an appetite!

ERISA Fidelity Bond

Pursuant to ERISA section 412 and 29 C.F.R. §2550.412-1 and 29 C.F.R. Part 2580, every regulated plan must be covered by an ERISA bond. This fidelity bond must be equal to no less than ten percent (10%) of the total asset value in the plan if those assets are "qualified", and one hundred percent (100%) if the plan assets are "non-qualified". The maximum ERISA fidelity bond amount required under Federal Code is $500,000, however if the plan is an employee stock ownership plan (ESOP) then the maximum is $1mn.

ERISA Fidelity Bond Factsheet and Program Highlights

Ordinarily surety companies are not willing to backdate fidelity bonds beyond thirty days, because it would require the surety to assume potential liabilities without enjoying the benefit of underwriting and receipt of premium. Under our special program relationship WE CAN BACKDATE FAR BEYOND THE THIRTY DAY WINDOW! Let us know if your plan requires this action.

ERISA-Compliant Financial Adviser Bond

A standard ERISA bond does NOT provide coverage for registered investment advisers that are not also employees of the plan sponsor. We offer a specialty fidelity bond product to cover this exposure.

ERISA Fidelity Bond for RIAs


Fidelity Bond (Commercial Crime) Applications

The following are the applications for our more popular business classes. Our Canadian producers will need to log in to access fidelity bond applications for specific provinces.

Third-party Fidelity Bond Factsheet and Program Highlights

Business Services Bond

We offer denominations (coverages) from $5,000 to $2,000,000 to cover small enterprises such as janitorial services, pet sitters, housekeepers, valets, tow truck operations, home health care providers, security guards and the like.

Application in English
Solicitud en Español
Applications for Limits in Excess of $250,000
Fidelity Bond for Pest Control Services
Fidelity Bond for Home Care Services
Fidelity Bond for Auctioneers
Fidelity Bond for Moving Companies
Fidelity Bond for Security Guard Companies
Fidelity Bond for Home Inspectors
Fidelity Bond for Carpenters & Construction Trades
Fidelity Bond for Handyman Services
Fidelity Bond for Pet Sitters
Fidelity Bond for Real Estate Brokers
Fidelity Bond for Carpet Cleaning Services
Fidelity Bond for Temporary Employment Agencies
Fidelity Bond for Public Adjusters

Related Products

Fiduciary Liability Policy

The coverage protects against those legal liabilities arising out of their role as fiduciaries, including the cost of defending those claims TI enforce said liability.

D&O Policies

Protects these individuals against losses that may result from alleged errors in judgement, breaches of duty, or wrongful acts in the course of employment.