Special Fidelity Bond for Small Businesses
Special Fidelity bond coverage is now available for almost any kind of small business that previously found insurance difficult to obtain. Examples are cafes, gas stations, retail stores, businesses with sales people who make collections, and other businesses where cash is handled by numerous employees.
This bond protects you from loss incurred by dishonest acts of your employees.*
ADDITIONALLY, losses resulting from dishonesty of bookkeeping services are covered.
* In order to protect you and your employees against unjustifiable allegations or charges of dishonesty, the employee must be convicted (**) of the alleged dishonesty before coverage would apply.
** North Carolina only: The word "conviction/convicted" is replaced with "indictment/indicted."
Limits of Coverage
Available in limits of $5,000 and $10,000.
Premiums
The cost of this protection is very reasonable. Your premium is determined by the number of your firm's employees and the limit of coverage desired.
Note:
This is only a brief summary of coverage and policy provisions. All statements herein are subject to the provisions, exclusions and conditions of the applicable policy. Coverages afforded are only those for which application is made and for which a premium charge is indicated in the Declarations of the policy.
More Information
- Agents: Please click here if you would like to order supporting materials through the Agency Access center.
- Please click here to find an office closest to you to request more information.